The Governor of the Central Bank of Nigeria, Olayemi Cardoso has clarified that the apex bank is not utilising the nation’s foreign reserves to strengthen the…
Browsing: Central Bank of Nigeria
Central Bank Governor, Olayemi Cardoso has clarified that the significant depletion of the country’s foreign reserves was as a result of the repayment of a backlog…
The Central Bank of Nigeria this week sold up to 86 million dollars in the spot market in its first sale of dollars in the market…
The Central Bank of Nigeria (CBN) has denied any intentions by the Federal Government to convert its $30 billion domiciliary deposits into Naira. This response comes…
Nigerian Business Structure and Finance Coach Nancy Nnadi on Monday, said most Small and Medium-Scale Enterprises (SMEs) in Nigeria are unable to evolve and grow financially…
The Federal Government of Nigeria has witnessed a 67% growth in its non-oil revenue, reaching approximately N4 trillion quarter-on-quarter, as per the Central Bank of Nigeria’s…
The Central Bank of Nigeria (CBN) declared on Monday that it is prepared to stop the naira’s downward trend and will soon be announcing a number…
The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023. Nigeria’s Apex bank made the announcement in…
According to the Central Bank of Nigeria, CBN, the old N200, N500, and N1,000 naira notes would continue to be valid until January 31, 2023. This…
The Central Bank of Nigeria has sanctioned commercial banks for non-compliance with the restrictions on cryptocurrencies transactions. In February 2021, the Central Bank placed a ban…