Nigeria’s $15.9bn Eurobonds Debts, MPC Worries Over Rising Figures The Monetary Policy Committee members of the Central Bank of Nigeria (CBN) have expressed concerns about the country's ability to service and repay its external and local debts due to the growing level of Nigeria's debt According...

CBN Issues Guidelines To Strengthen Digital Financial Services The Central Bank of Nigeria (CBN) says it has taken proactive steps to strengthen Nigerian consumers in order to keep up with the fast-paced development of Digital Financial Services in the country. The Apex bank has issued new...

In Three Years, I&E FX Window Attracted Over N50bn Investments - Emefiele The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says the investors and exporters (I&E) window attracted over $50 billion in investments to the country within three years. Emefiele revealed this at the opening...

FX Exporters To Receive Bonuses - CBN Exporters who made their foreign exchange proceeds available will from next week get their bonus from the Central Bank of Nigeria (CBN). CBN in a circular had promised to pay N65 bonus for every $1 of repatriated non-oil export...

Nigeria, others to import $110b worth of food by 2025 Nigeria and other African countries will import food valued at $110 billion by 2025, the International Institute of Tropical Agriculture (IITA), has said. Its Director, Development and Delivery, Dr. Alfred Dixon who spoke in Abuja at...

CBN Seeks To Slash Importation Bill By 35%       The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said efforts are ongoing to reduce the country’s import bill by about 35 per cent. He said President Muhammadu Buhari’s insistence about five years ago...