HomeTagsCbn

Tag: cbn

Economic Reforms to Protect SMEs, Spur Growth – Cardoso

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, weekend, said the apex bank is committed to ensuring that identified economic challenges in Nigeria are addressed
Read more

Nigeria’s Payment Surplus Balance Hits $6.83bn – CBN

Nigeria's Payment Surplus Balance Hits $6.83bn - CBN The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year. The BOP measures the country’s financial transactions with the rest of the world and how the...
Read more

Despite CBN Intervention, Naira Depreciates at Official Market

The naira, on Monday, dropped to N1,612 per dollar at the official side of the foreign exchange (FX) market.
Read more

US Tariff Threatens FX Market as CBN Boosts Liquidity with $197.71m

The global trade war is threatening naira stability following the depreciation of the currency at the close of last week.
Read more

World Bank Approves Nigeria’s $1.08bn Loan Request

The World Bank has approved a $1.08 billion financing package aimed at strengthening Nigeria’s education system, tackling malnutrition, and boosting economic resilience.
Read more

FX Inflow Rises by 20.62% as CBN’s Share Declines

FX Inflow Rises by 20.62% as CBN's Share Declines   The Nigerian economy recorded a rise in foreign exchange inflow during the fourth quarter of 2024, according to the latest Central Bank of Nigeria (CBN) Economic Report. The report revealed that total foreign exchange inflow rose by...
Read more