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CBN
NGX has advocated that FG and CBN should accord priority to listed corporates in their procurement processes and access to FX.
The National Bureau of Statistics has said that Nigerians spent N61.07 trillion on household consumption in the first six months of 2023.
The Governor of Anambra State, Professor Charles Soludo, has once again reiterated that President Bola Tinubu’s administration inherited a dead economy from its predecessors.
In a move to ensure Nigeria Payments System gets more global recognition and is domestically utilised across the country, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, has restated the need for the Central Bank of Nigeria (CBN)
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) reneges on its quarterly meeting date, economists project an unchanged primary rate. This is in light of the prevailing economic reality with inflation rate at 27.33%
Bloc Microfinance Bank has been granted an Approval-in-Principle by the Central Bank of Nigeria.
The Nigerian naira further appreciated against the dollar on Monday, 20th November 2023, closing at N750.14/$1 at the official market.
CBN has postponed a meeting of its MPC again as investors and analysts look forward to the move by the new Governor Olayemi Cardoso in tackling surging inflation.
Nigeria is expected to continue suffering economic instability in 2024 due to double-digit inflation, according to a report by the Economist Intelligence Unit (EIU).
The Central Bank of Nigeria (CBN) has explained that current inflationary pressures may continue in the near term.
The Federal Government has brought forward a six-count charge against Mr. Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). The charges relate to alleged irregularities in procurement.
The CBN has declared that the monetary policy reforms put forward by its leadership have begun to have a positive impact on the economy.