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
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
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...