Legit on MSN1d
Why CBN hiked FX rates for cargo clearance in Nigeria's ports
Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
Legit on MSN2d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service Debts
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Zawya1d
Nigeria: Surging yields luring foreign investors to return
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
TheCable2d
‘Purchase $25k weekly from one bank, render returns’ — CBN issues FX guidelines for BDCs
The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...
Daily Post Nigeria on MSN3d
Nigeria’s external reserves drop by $1.19bn in 3 weeks
Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...
businessday3d
Nigeria’s external reserves down by $1.19bn in 25 days
Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...
Sahara Reporters4d
Central Bank Ex-Governor Emefiele In Procurement Fraud Trial Seeks To Stop EFCC From Presenting Additional Witnesses
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...
Nairametrics3d
Nigeria’s FX reserves fall by $1.16 billion in January as CBN boosts dollar sales to BDCs
Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...
Nairametrics3d
Excess government spending poses biggest challenge to monetary policy in Nigeria – MPC member
Meanwhile, Ikeazor advocated for more decisive monetary policy actions to curb inflation and maintain economic stability. He noted that while monetary tightening has come at the expense of economic ...
Nigerian Tribune on MSN10d
Nigeria: CBN to commence payment of Forex backlog
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to ...
Okay Nigeria1d
Fiscal Excess: MPC Members Sound Alarm on Nigeria’s Economic Woes
MPC members express deep concern over excessive government spending, warning it undermines monetary policy efforts ...
businessday23h
Fidelity Bank public offer subscribed by 237.92%
Fidelity Bank Plc has announced the result of its recent offer for subscription of 10 billion Ordinary Shares at N9.75 per ...