Tag
CBN
Bitfxt, a Nigerian cryptocurrency startup, has raised N5.45 billion from Payitup clearinghouse Ltd, a UK firm.
The Manufacturers Association of Nigeria (MAN) has lamented over the low rate at which local raw materials are utilized in the manufacturing sector.
CBN's second Treasury Bills Auction of the year that held yesterday was oversubscribed with marginal fall in rates on the 91 and 180-day tenors.
The CBN has restricted the number of companies involved in the importation of milk, its derivatives and dairy products to six.
Central Bank of Nigeria (CBN) has restricted foreign exchange for milk importation to six companies in Nigeria to boost local production.
The Dangote Tomato Processing Company's Managing Director, has announced that the company would officially resume production on February 7, 2020.
The number of current accounts held by bank customers dropped by 4.5 million to 25.3 million while PoS transactions hit N373 billion.
The CBN has disclosed that at the end of December 2019, about N2.44 trillion was in circulation, an increase from N2.2 trillion recorded in November. .
United Capital has disclosed that the CBN may harmonize the multiple exchange rate systems currently operated in the country.
Mr Sabo Nanono, was quoted in a news report as saying Nigeria would hopefully begin to export rice to other countries in the next two years.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira.
In Nigeria, one of the monsters that need to be faced head-on is the regime of high-interest rates and its effects on the growth of the country.