Nigeria’s Foreign Reserves Declines by $50m
The Central Bank of Nigeria has revealed that the country's external reserves dropped by $50.84m from $35.75bn as of October ...
Tag: CBN
CBN Requests Bank Statements of 16 Nigerian Business Moguls
.... Majority Linked To Betting Companies, Forex Trading The Central Bank of Nigeria has instructed all concerned banks to disclose ...
CBN Predicts Gloomy Economic Recovery Amid Covid-19 Factors
....Projects 14% Spike In Inflation Rate By December The Central Bank of Nigeria (CBN) has said that the combined factors ...
Naira Picks Up To N420 From N448 In Lagos Parallel Markets, As CBN Intervenes In I&E Window
Following interventions by the Central Bank of Nigeria at the investors and parrallel window, the naira exchanged at N420 to ...
CBN Says National Arts Theatre Renovation Will Boost Nigerian Economy
… Banker's Committee To Support With N25bn The Central Bank of Nigeria has said that the proposed National Arts Theatre's ...
17 Banks seek restructuring of over 32, 000 loans, says CBN
A total of 17 banks have applied to the Central Bank of Nigeria for permission to restructure 33 per cent ...
FEC Approves N2.3 Trillion Stimulus Plans for Nigeria’s Economy
The Federal Executive Council (FEC) has approved N2.3 trillion stimulus plans for Nigeria’s economy as recommended by the economic sustainability ...
Lagos State to Boost MSMEs with N5bn Palliative
The Lagos State Governor, Babajide Sanwo-Olu, has said that the state is introducing an additional N5bn palliative measures to absorb ...
NASS queries CBN over unremitted $3.3bn
The Senate has queried the Central Bank of Nigeria (CBN) over an unremitted $3.3billion from the $21.3billion collected by the ...
CBN reduces MPC rate from 13.5% to 12.5% over Coronavirus
The Central Bank of Nigeria has reduced its monetary policy rate from 13.50 percent to 12.5 percent as part of ...
