Milk Import: Experts advise CBN on FX restriction

UBA, LCCI partner to create value for SMEs at 2019 Lagos Int’ Trade Fair

Industry experts have advised the CBN to consider consulting stakeholders before effecting the ban on access to forex for milk ...

Nigeria’s manufacturing sector contracts for 5th consecutive month – CBN , To test FX market, CBN pumps $50 million, CBN issues guidelines to Finance Institutions on establishment of Subsidiaries and SPVs, CBN injects $2.63 billion to defend naira in one month, CBN’s COVID-19 N50 billion targeted credit facility, CBN’s heterodox policies buoys credit growth, These industries drove business activities in September, Credit to Nigerian economy falls to N38.67 trillion as private stagnates at N30 trillion, Availability of secured credit to businesses and households increases as unsecured credit to households dips in Q3 2020 - CBN

CBN injected $2.63 billion to defend Naira in one month

by Bamidele Samuel Adesoji

September 8, 2019

As part of its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative ...

Market interest, Nigeria Weekly Update: A better NPL picture

Coronation Research Nigeria Weekly Update: The public and the private sectors

by Coronation Merchant Bank

June 25, 2019

As we come to the end the first half of 2019 Nigeria's monetary authorities can give themselves a pat on ...

Nigeria Weekly Update: Focus on P&ID’s threat to the Nigerian economy

by Coronation Merchant Bank

March 19, 2019

Welcome to the Nigeria weekly update on treasury bills, bonds, crude prices, equities, and other macroeconomic indicators...

ABCON automates Nigeria’s Bureaux De Change, promises better services

by Emmanuel Abara Benson

February 6, 2019

The Association of Bureaux De Change Operators of Nigeria, ABCON, has launched the automation of its operational processes.

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

CBN injects $289 million into FX markets

by Adaobi Nnadiukwu

January 29, 2019

The Central Bank of Nigeria (CBN) has injected CNY38.70 million and $289.76 million into the spot and short tenored forward ...

Dangote refinery, Forex, Foreign exchange

CBN may add 8 items to FX restriction list

by Fakoyejo Olalekan

January 21, 2019

The Dangote Group would soon become a source for foreign exchange once its refinery and fertilizer facility begins operation, the Central ...

The CBN Building, Abuja - capital inflows

FX inflows into Nigeria dip 20% in Q3 2018

by Onome Ohwovoriole

November 20, 2018

CBN economic report for third quarter show aggregate foreign exchange inflow into the economy amounted to US$26.01 billion at end-September 2018.

Market Roundup: Stocks, Treasury Bills, Cryptos.

by Onome Ohwovoriole

June 9, 2018

While equity markets witnessed an uptrend, foreign exchange rates where largely flat. Cryptocurrency markets declined slightly. Here is a rundown ...

This is how much foreign exchange the CBN sold last year

by Onome Ohwovoriole

June 3, 2018

The Central Bank of Nigeria (CBN) recently released annual activity report for 2017. The report shows a total of $9.7 ...

Tag: Foreign Exchange