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Currency in Circulation Hit N2.76trn in September 2023 – CBN

Currency in Circulation Hit N2.76trn in September 2023 - CBN Latest data released by the Central Bank of Nigeria (CBN) has revealed that the currency in circulation reached N2.76 trillion as of September 2023. This marks a 14.5 per cent year-on-year (y-o-Y) decline from the N3.23...

Forex Rate: Manufacturers, Importers, Others Bemoan High Costs

Forex Rate: Manufacturers, Importers, Others Bemoan High Costs   Importers, clearing agents and manufactures have cried out over the high foreign exchange (forex) rate in the country. It was in June, this year that the Central Bank of Nigeria (CBN) unified exchange rate windows to maintain Naira...

Senate Confirms Cardoso As New CBN Gov, Deputies

Senate Confirms Cardoso As New CBN Gov, Deputies  The Senate on Tuesday confirmed the nomination of Olayemi Cardoso as substantive Governor of the Central Bank of Nigeria (CBN). Cardoso was screened alongside four nominees for the positions of CBN Deputy Governors, to steer affairs of the...