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Sunday, July 12, 2020
Godwin Emefiele CBN Governor

Forex: Finall, CBN slashes BDC rate of US Dollar to N360

Forex: CBN slashes BDC rate to N360 …$100m offer fully subscribed Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to...
Godwin Emefiele CBN Governor

BDCs reluctant to buy dollars as CBN pegs FX rate at N360/$

The Central Bank of Nigeria, CBN has directed banks to sell dollars for invisible transactions such as personal travel allowance, business travel allowance, school...

External debt servicing gulps $1.62bn in five years

Amid attempts by the country to borrow more from external sources, Nigeria has in the past five years spent $1.62bn to service its external...

2016 Budget: Capital Releases to MDAs hit N1trillion

Capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget, have reached a record N1 trillion, the highest ever budgetary releases...
Naira Dollar

Naira Now N380 Dollar, Pound N450 in Black-Market

Naira Now 380 Dollar, Pound N450 in BlackMarket The values of foreign currencies have continued to diminish against the Naira as the Nigerian currency was...

FEC okays N102.08billion, $1.79b for roads, rail, other projects

The Federal Executive Council (FEC) yesterday approved N102.077 billion and $1.79 billion for roads projects across the country and rail project in the Federal...

N’Assembly approves $500m Eurobond for FG

Both chambers of the National Assembly on Wednesday approved the request by President Muhammadu Buhari for a $500m Eurobond. Vice President Yemi Osinbajo had made...

External Reserves Drop for First Time Since December

The nation’s foreign exchange reserves, which had increased significantly in recent months to hit the $30bn mark, fell for the first time this year. Latest...
Godwin Emefiele CBN Governor

Monetary Policy Rate Remains unchanged at 14%

 ….Also all other Parameters   Again for the past five months the Monetary Policy Committee(MPC) of the Central Bank of Nigeria has left the Monetary Policy...

DMO: Governments Owe Foreign Creditors $11.41bn

The Federal Government, the 36 state governments, and the Federal Capital Territory Administration currently owe foreign creditors a total of $11.41bn, the Debt Management...

States Demand $6.9b Paris Club Refund

States are demanding about $6.9billion Paris Club loan deductions from the Federal Government. The government has raised a verification and reconciliation team on the claims...

Adeosun Clarifies Paris Club Refunds

The Minister of Finance has deemed it necessary to address the issue of Paris Club Refunds and wishes to assure the public that the...
Adeosun Udoma

Monetary, fiscal authorities agree on harmonisation of policies

Desirous of sustainable monetary and fiscal collaboration in efforts to pull the economy out of the current crisis, the leadership of the Central Bank...

CBN releases forex to fuel importers

The Central Bank of Nigeria has released foreign exchange to oil marketers to enable them to import petroleum products into Nigeria. According to the Nigerian...
Godwin Emefiele CBN Governor

Buhari Directs CBN to release N500b Paris Club cash

President Muhammadu Buhari directed Minister of Finance Mrs. Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele to quickly facilitate the payment...

FG to Raise $1b from Asset

The National Economic Council (NEC) has approved the proposed Nigeria Voluntary Asset and Income Declaration Scheme (VAIDS), which will take off on May 1. It...
Godwin Emefiele CBN Governor

External Reserves Gain $58m In 11-days – CBN

The Central Bank of Nigeria (CBN) has said external reserves gained $58 million to $30.23 billion as at March 14, 2017. The latest data...

FG to Raise Additional N43b Debt from Treasury Bills

The Federal Government’s debt strategy is now in full swing, as additional debt of N43.2 billion would be raised through the Treasury Bills (T-Bills)...
Naira Dollar

Naira depreciates to N458/$ in parallel market

The naira yesterday depreciated to N458 per dollar in the parallel market due to uncertainty over dollar sales to bureaux de change (BDCs) by...
Naira Dollar

Again, CBN Boosts FOREX Supply with $195m

Forex: As anticipated last weekend, the Central Bank of Nigeria (CBN) on Tuesday, March 14, 2017, sustained the supply of foreign exchange to the...
Live Covid-19
United States 3,382,508
Cases: 3,382,508
Deaths: 137,581
Recovered: 1,502,785
Active: 1,742,142
Brazil 1,846,249
Cases: 1,846,249
Deaths: 71,584
Recovered: 1,213,512
Active: 561,153
India 873,816
Cases: 873,816
Deaths: 23,102
Recovered: 550,024
Active: 300,690
Russia 727,162
Cases: 727,162
Deaths: 11,335
Recovered: 501,061
Active: 214,766
Peru 322,710
Cases: 322,710
Deaths: 11,682
Recovered: 214,152
Active: 96,876
Chile 312,029
Cases: 312,029
Deaths: 6,881
Recovered: 281,114
Active: 24,034
Spain 300,988
Cases: 300,988
Deaths: 28,403
Active: 272,585
Mexico 295,268
Cases: 295,268
Deaths: 34,730
Recovered: 180,852
Active: 79,686
United Kingdom 289,603
Cases: 289,603
Deaths: 44,819
Active: 244,784
South Africa 264,184
Cases: 264,184
Deaths: 3,971
Recovered: 127,715
Active: 132,498
Iran 257,303
Cases: 257,303
Deaths: 12,829
Recovered: 219,993
Active: 24,481
Pakistan 248,872
Cases: 248,872
Deaths: 5,197
Recovered: 156,700
Active: 86,975
Italy 243,061
Cases: 243,061
Deaths: 34,954
Recovered: 194,928
Active: 13,179
Saudi Arabia 232,259
Cases: 232,259
Deaths: 2,223
Recovered: 167,138
Active: 62,898
Turkey 211,981
Cases: 211,981
Deaths: 5,344
Recovered: 193,217
Active: 13,420
Germany 199,914
Cases: 199,914
Deaths: 9,134
Recovered: 184,500
Active: 6,280
Bangladesh 183,795
Cases: 183,795
Deaths: 2,352
Recovered: 93,614
Active: 87,829
France 170,752
Cases: 170,752
Deaths: 30,004
Recovered: 78,388
Active: 62,360
Colombia 145,362
Cases: 145,362
Deaths: 5,119
Recovered: 61,186
Active: 79,057
Canada 107,589
Cases: 107,589
Deaths: 8,783
Recovered: 71,467
Active: 27,339
Qatar 103,598
Cases: 103,598
Deaths: 147
Recovered: 99,743
Active: 3,708
Argentina 97,509
Cases: 97,509
Deaths: 1,818
Recovered: 42,694
Active: 52,997
China 83,594
Cases: 83,594
Deaths: 4,634
Recovered: 78,634
Active: 326
Egypt 81,158
Cases: 81,158
Deaths: 3,769
Recovered: 23,876
Active: 53,513
Iraq 77,506
Cases: 77,506
Deaths: 3,150
Recovered: 44,724
Active: 29,632
Indonesia 75,699
Cases: 75,699
Deaths: 3,606
Recovered: 35,638
Active: 36,455
Sweden 74,898
Cases: 74,898
Deaths: 5,526
Active: 69,372
Ecuador 67,209
Cases: 67,209
Deaths: 5,031
Recovered: 30,107
Active: 32,071
Belarus 64,932
Cases: 64,932
Deaths: 464
Recovered: 55,380
Active: 9,088
Belgium 62,606
Cases: 62,606
Deaths: 9,782
Recovered: 17,196
Active: 35,628