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CBN:My focus is to ensure price stability says Cardoso

  The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated that under his leadership, the Bank will focus mainly on the core mandate of...

CBN has sufficient currency Notes -Spokesman

..attribute scarcity to large volume withdrawals Central Bank of Nigeria, CBN, has condemned reports of insufficient stock of currency notes in the country. CBN through...

Naira Regains strength as CBN Clears Forex Debt Backlog

  The naira has risen to N1,120 against the dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria has begun to clear some of its FX...

Naira to exchange for N650 by December says Oyedele 

    The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal...

Dollar to exchange for N650 by December says Oyedele

  The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government...

Forex for foreign University fees gulped $340.84m in six months says CBN

  Nigerians seeking admissions to foreign universities spent $340.84m to fund their application between January and June 2023, findings by the PUNCH have shown....

Forex: Ban Lift On 43 Items Will Hurt Economy – MAN

  The Manufacturers Association of Nigeria,MAN, has criticised the Central Bank of Nigeria’s,CBN decision to lift restrictions on 43 items from accessing forex...

Relief as CBN lifts Forex restrictions on 43 items

  Relief is on the way for serious Nigerian businessmen as the Central Bank of Nigeria (CBN), on Thursday, lifted Forex restrictions on importation of 43 items. The...

Naira may continue to lose value unless …Lemo,ex CBN Deputy gov

….Asks govt to sell refineries as scraps saying,they can’t function profitably A former Deputy Governor of Central Bank of Nigeria,Tunde Lemo has canvassed...

Nigerias external reserve fell by $841.7.5

  Nigeria’s external reserves fell by $841.75m between July and September, figures obtained from the Central Bank of Nigeria revealed. The CBN revealed in its...