CBN - Central Bank Of Nigeria
CBN data shows credit to government declined by 38.1% to N24.5trn
Data from the Central Bank of Nigeria has revealed that financial institutions credit to the government has reduced as amid changes in economic realties.
Breaking: Judge refuses to step down from Emefiele's trial, gives reason
Justice Rahman Oshodi of the Lagos State Special Offences in Ikeja has rejected the request ex-CBN Governor Godwin Emefiele and gave reason for the rejection.
Naira in trouble as foreign reserves drop for 33 straight days
The Central Bank of Nigeria has revealed that Nigeria's foreign exchange reserves have recorded a significant decline falling for 33 straight days,
LCCI calls on NPA to reconsider hike in Port tariffs, as it could worsen inflation
The Lagos Chamber of Commerce and Industry (LCCI) has spoken up on the recent hike in ports tariffs, listing out the adverse impacts it would have on Nigerians.
Again, dollar falls in foreign exchange market as official, parallel rates narrow
The US dollar crashed again in the foreign exchange market as the naira continued to surge against major currencies, closing at N1,501 per dollar on Tuesday.
"Recapture your entries": Customs announces changes to 4% FOB charge amid public outrage
The Nigeria Customs Service (NCS) has asked importers to recapture their entries following the cancellation of the four per cent Free-on-Board (FOB) charge.
Naira sustains gains against pound, euro, Canadian dollar as USD trades at new rates
The naira has strengthened since the Central Bank of Nigeria (CBN) launched the Electronic Matching System (EFEMS). The naira rose in value against most currencies.
Naira appreciates: Dealers sell pound, euro, Canadian dollars at new exchange rate
The Nigerian currency, the naira has improved in value since the Central Bank of Nigeria introduced the Electronic Foreign Exchange Matching System (EFEMS).
Nigerian bank set to meet new CBN capital requirement, shares more plans
After completing phase 1 of capital raise, Fidelity Bank looks to be in a position to achieve the regulatory barrier and support its long-term growth trajectory.
CBN - Central Bank Of Nigeria
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