Tag: CBN
Economy
Buhari commends CBN, for financial system stability
President Muhammadu Buhari, on Tuesday commended the Central Bank of Nigeria (CBN) for diligently working towards achieving financial system stability in Nigeria.
Buhari gave the...
Economy
Naira loses slightly against dollar, exchanges at 436.33 Naira
The Naira on Friday lost slightly to the dollar exchanging at N436.33 compared with N436.32 on Thursday.
The open indicative rate closed at N433.83 to...
Local News
Sensitive Election Materials will no longer be kept with CBN, says INEC
The Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, says sensitive electoral materials will in the meantime no longer be routed through...
Local News
World Bank forecasts Nigeria’s economy to grow by 2.5% in 2022
World Bank says the Nigerian economy is expected to grow by 2.5 percent in 2022, up from an estimated 2.4 percent growth in 2021.
The...
Local News
Review forex ban on 40 items to save Naira, economists tell CBN
The Centre for the Promotion of Private Enterprise, an economic think tank, has advised the Central Bank of Nigeria to review its ban on...
Local News
CBN releases modalities to boost productivity, earmarks N5bn loan for investors
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for its “Production and Productivity” initiative, through “100 projects for EVERY 100 days” project.
Information...
Local News
Again, CBN devalues naira, now N411 to dollar
The naira traded at a record low against the dollar at the official NAFEX window on Friday.
Reuters reports that this could be a move...
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