Tag
CBN
The EFCC says it has secured convictions of Naira abuse offenders.
The exchange rate for import duties collection by the Nigerian Customs Service (NCS) has increased by N38 from N1492/$ to N1530 to the USD according to the latest update on the Customs exchange rate portal.
Nigerians are excessively focused on the exchange rate of the local currency, the Naira. It’s looked at as a barometer of the economy
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow down on monetary policy tightening ahead of its Monetary Policy Committee (MPC) meeting this month, stating that businesses are yet to recover from the hawkish monetary policy stance in the last two months.
The foreign exchange (forex) reserves are dwindling, and the Naira is fluctuating. What an eventful year so far, and the second quarter has only just begun.
The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted another N300 million bail in the Nigerian government's charge bordering on unlawful printing of naira notes.
The Naira continued its decline across the country's unofficial FX market, depreciating to a new low of 1,540 per dollar on the parallel market despite a falling U.S. dollar index.
Amidst severe liquidity shortages and erratic forex supply, a senior ABCON official explained why the naira has been depreciating in recent days.
The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024.
The Central Bank of Nigeria (CBN) has approved the appointment of 11 pre-shipment monitoring and evaluation agents for oil and gas exports in Nigeria.
Nigerian Exchange Group Plc realized N6.959 billion from transaction fees and treasury investment income in the 2023 financial year ended 31 December 2023.
The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs).