News Nigeria’s debt servicing increases by 22.3% in seven months- CBN Toyibat Ajose Sep 7, 2023 As the Federal Government accumulated debts, notably during the previous administration, the nation's debt servicing increased by…
Business CBN faults JP Morgan’s $3.7bn estimate of Nigeria’s net reserves Toyibat Ajose Aug 24, 2023 The Central Bank of Nigeria (CBN) has said the recent estimate of the country’s net external reserves by JP Morgan was “out of…
News CBN issues new guidelines for BDC Forex sales two years after ban Toyibat Ajose Aug 19, 2023 The Central Bank of Nigeria (CBN) issued a new set of operational guidelines for forex sales by Bureau de Change (BDC) operators…
Business Falana criticises ‘Illegal’ Naira floating, files lawsuit… Toyibat Ajose Aug 18, 2023 The decision of the Central Bank of Nigeria (CBN) under President Bola Tinubu to float the naira is illegal and being challenged…
Business CBN introduces FX price verification system portal Oluwadamilare Emmanuel Aug 18, 2023 The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable…
News Naira fall: CBN warns speculators, plans ‘new measure’ to… Oluwadamilare Emmanuel Aug 14, 2023 The Central Bank of Nigeria (CBN) says new measures will be taken to stabilise the naira against the dollar. Folasodun Sonubi,…
News CBN releases seven-year financial statements, says profit doubled in 2022 Toyibat Ajose Aug 11, 2023 The Central Bank of Nigeria has published the Consolidated Financial Statements for the last seven years, marking the first time…
News Gradual phasing out of old naira notes continues – CBN Toyibat Ajose Jul 26, 2023 The Central Bank of Nigeria has restated its intention to gradually phase out old N200, N500, and N1,000 naira notes while…
Business JUST IN: CBN holds first MPC meeting under Tinubu, hikes interest rate to… Oluwadamilare Emmanuel Jul 25, 2023 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which…
News [JUST IN] DSS re-arrests Emefiele after tussle with prison officials Toyibat Ajose Jul 25, 2023 After a brawl with officials of the Nigerian Correctional Service (NCS), DSS agents re-arrested suspended Governor of the Central…