CBN

Bank debt of manufacturers in Nigeria increases to N6.98 trillion in June – CBN

The Central Bank of Nigeria (CBN) has revealed that the outstanding debt owed by manufacturers to banks in the country…

7 months ago

Forex: Dangote pan African operations fetch Nigeria $687,977m

Management of Dangote Industries Limited (DIL), has revealed that the company has so far repatriated over USD576,008,672.41 through various banks…

7 months ago

CBN denies cash scarcity, urges Nigerians to stop panic withdrawals

The Central Bank of Nigeria (CBN) on Thursday declared untrue stories of scarcity of cash in some parts of the…

7 months ago

CBN denies plans to redenominate naira

  The Central Bank of Nigeria has said that it has no plan to redenominate or restructure the naira notes…

7 months ago

Reps summon CBN governor over lifting of FX ban on 43 items

  The House of Representatives has summoned the Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso over the…

7 months ago

CBN lifts forex on importation of 43 items

  The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as…

8 months ago

CBN reduces cash mop by 82% to N150bn

In a bid to stimulate economic growth deteriorated by unprecedented rise in prices of goods and services, the Central Bank…

8 months ago

Senate screens CBN gov Cardoso, deputies today

  The Senate will today (Tuesday) screen the acting Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, for…

8 months ago

Nigeria’s FX reserve is around $3.7bn, lower than CBN’s figures -JP Morgan

Global financial service firm JP Morgan has estimated Nigeria’s FX Reserve to be around $3.7 billion much lower than reported…

9 months ago

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