“Inflationary pressures may continue in the near term”- CBN
The Central Bank of Nigeria (CBN) has explained that current inflationary pressures may continue in the near term.
Tag: CBN
FG charges Emefiele on six counts of alleged N1.6 billion procurement fraud
The Federal Government has brought forward a six-count charge against Mr. Godwin Emefiele, the former Governor of the Central Bank ...
Inflation Rate: Monetary policy stance yielding desired economic impact , says CBN
The CBN has declared that the monetary policy reforms put forward by its leadership have begun to have a positive ...
Nigeria to import 2.1 million metric tons of rice, become top buyer globally in 2024 – USDA
Nigeria is projected to import 2.1 million metric tons of rice in 2024, which may make the country the top ...
Hard times: Nigerians borrow N290bn from banks in three months – CBN report
The challenging economic situation of the county has pushed more Nigerians into debt as about N290bn was borrowed from banks ...
CBN, NBET and others in debt of N180 billion for electricity supply – NDPHC
Chiedu Ugbo, has disclosed that the debt burden of the Central Bank of Nigeria and the NBET within Nigeria's power ...
Eyowo explains delay in service resumption after CBN clearance
One of Nigeria's digital banks, Eyowo has explained why it has been unable to resume operations even after getting clearance ...
CBN approves 4 new directors for Abbey Mortgage Plc
The Central Bank of Nigeria (CBN) has approved the appointment of four new non-executive directors for Abbey Mortgage Bank Plc.
CBN insists old and redesigned naira remain legal tender across the country
The Central Bank of Nigeria (CBN) have directed all its branches across the country to continue to issue different denominations ...
Naira falls to N869/$1 against dollar at NAFEM but gains at parallel market
Naira crashed against the dollar on Tuesday, falling to 869.91/$1 at the official market representing a 6.99% decline in the ...
