Access Holdings awaits CBN approval to publish HY results
The board of Access Holdings Plc has announced that it is awaiting approval from CBN to release its Half-Year (HY) ...
Tag: CBN
Nigeria’s weak external reserves are a concern – Fitch Ratings
Nigeria’s weak external reserves, as disclosed by CBN’s recent data, are a concern as they highlight external risk and policy ...
CBN to clear $10 billion FX backlog in 2 weeks, accuse BDCs of round-tripping
CBN has said that it is working with the commercial banks to clear the $10 billion foreign exchange backlog within ...
NCC, CBN have resolved N120 billion USSD debt impasse – Danbatta
NCC Prof. Umar Danbatta, has said that the lingering issue of N120 billion debt owed by banks for the Unstructured ...
Sanusi exonerates Tinubu from Nigeria’s economic woes, blames previous administration
The former Emir of Kano and ex-governor of the Central Bank of Nigeria (CBN), Muhammadu Sanusi, chose to exercise restraint ...
ANALYSIS: Nigeria’s manufacturing sector still crawling
The manufacturing sector’s real GDP growth was 2.20% in Q2 2023, a 26.8% decrease compared to the 3.0% recorded in ...
Telecom companies accuse banks of politicizing N150bn USSD debt
Mobile Network Operators (MNOs) have decried political interference as a contributing factor to the ongoing impasse surrounding the non-payment of ...
CBN to JP Morgan: Your $3.7 billion estimate of Nigeria’s FX reserve is misleading
The Central Bank of Nigeria (CBN) has criticized JP Morgan's recent estimate of Nigeria's foreign exchange reserves, calling it a ...
BDCs hint forex market will begin to see, capture diaspora remittances
ABCON has assured that the Nigerian economy will begin to see and capture the diaspora remittances when the Central Bank ...
Lending-savings rate gap narrows by 1.62% in July
For June, the difference between the lending rate and savings deposit rate stood at 23.76%, this figure dropped to 22.14% ...
