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In 11 months, FG Records N7.34tn Fiscal Deficit – CBN

In 11 months, FG Records N7.34tn Fiscal Deficit - CBN The Central Bank of Nigeria has disclosed that it recorded N7.34tn fiscal deficit for the Federal Government between January 2022 and November 2022. The CBN revealed this in the statement presented by a member of the...

In Three Weeks, External Reserves Gain $3.98bn, Hit $40.76bn

In Three Weeks, External Reserves Gain $3.98bn, Hit $40.76bn   Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained from the Central Bank of Nigeria. The CBN data showed that the reserves rose to $40.76bn on October 20 from...

CBN’s MPC Members In Policy Dilemma Over Growth, Inflation

CBN’s MPC Members In Policy Dilemma Over Growth, Inflation       The members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have indicated that the apex bank’s meeting in March was largely concerned with the twin problem of growth stimulation of economic...