Foreign investors still wary as Cardoso pitches for hot money inflows
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January ...
Tag: CBN
Official exchange rate closes week at N1,548.25/$1 as CBN takes action against illicit activities
The Naira exhibited a positive trend against the US Dollar in the official market, concluding the week at N1,548.25/$1.
Money Supply: CBN sells N1 trillion OMO Bills at record high 21.5%
The Central Bank of Nigeria has intensified its efforts to manage the money supply by conducting Open Market Operations (OMO) ...
CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators ...
U.S dollar set for first weekly fall in 2024 while naira shows momentum
The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the ...
The continuous hike in MPR: Implications for the stock market
The successive increases in interest rates by the Central Bank of Nigeria (CBN) have significantly reshaped and will continue to ...
CBN to clear remaining FX backlog in the next few days- Cardoso
Olayemi Cardoso says that the remainder of the bank’s FX backlogs will be cleared in the next few days- most ...
South East nominee declines CBN board appointment as senate confirms 4 as directors
President Bola Tinubu’s nominee from the South East to the board of the Central Bank of Nigeria (CBN), Urum Kalu ...
The Naira Crisis – Crypto Naira
A few days ago, I found myself pondering over the perplexing question: "How did the Naira transform into a cryptocurrency?"
CBN increase of MPR to 22.75% will worsen the economy – Peter Obi
Peter Obi, the presidential candidate for the Labour Party in the last general election, has expressed concern that raising the ...
