Olam, Nine Others Earned $100m From Exports – CBN Report       Top 10 exporters in the country exported non-oil goods worth $100.88m in November, according to the Central Bank of Nigeria. The CBN disclosed this in its latest monthly economic report. Part of the report read, “Estimates of...

Households Get N44.62bn COVID-19 Intervention Funds       Households got N44.62bn intervention funds to alleviate hardships from COVID-19 as of the end of November according to figures obtained from the Central Bank of Nigeria. The CBN disclosed that the figure rose from N35.43bn as of July, according to...

Nigeria Foreign Exchange Inflow Declines To $5.7bn In One Month       Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020. This was a drop from $6.47bn and $7.34bn recorded in October and September respectively. The Central Bank of Nigeria disclosed this on Wednesday. It stated that...

Foreign Trade Rises By 3% To $7.7bn In November — CBN Report       Nigeria’s foreign trade rose Month-on-Month (M-o-M) by three per cent to $7.76 billion in November 2020 from $7.53 billion in October 2020. The slight increase in trade was driven by a six per cent...

CBN Orders Banks To Accept Permissible IDs For Refugees       The Central Bank of Nigeria has ordered banks and other financial institutions to accept Machine Readable Convention Travel Document issued by Nigeria Immigration Service; and the Refugee Identify Card issued by the National Commission for Refugees,...

Fiscal Deficit Rose To N620.49bn In November – CBN         The Federal Governments’ fiscal deficit rose by N208.14bn to N620.49bn as of the end of November from N421.35bn at the end of October. The Central Bank of Nigeria disclosed this in its monthly economic report for November...