Tag: CBN
FX Reserves Hit $42bn, Highest In Six Years
FX Reserves Hit $42bn, Highest In Six Years Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first...
Ongoing reforms ‘ll refocus financial stability, stimulate productivity- CBN
Yemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN) says it is pursuing economic reforms aimed at refocusing financial system stability and stimulating...
Cardoso reaffirms commitment to macroeconomic stability, stronger banking sector
Cardoso The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated the apex bank’s commitment to macroeconomic stability, fortifying the...
Forex: How CBN uncovered irregularities in undelivered FX forward contracts, cancels invalid deals
The Central Bank of Nigeria CBN headquarters The Central Bank of Nigeria (CBN) has revealed extensive irregularities in several undelivered...
Naira looses 19 kobo against dollar at official market
Naira The Naira on Friday closed the week slightly weaker, as it lost 19 kobo against the U.S. dollar at the official market trading at N1,533.74. Data released...
Early exit package not targeted at Northerners -CBN
Says move is to decongest HQ congested The Central Bank of Nigeria,CBN, has reiterated that its Early Exit Package (EEP) implemented in 2024 was entirely voluntary and...
WHAT IS MONEY? – A Wake-Up Call for Aspiring Righteous Millionaires
If there is one thing every human on Earth has in common—regardless of language, culture, race, or religion—it is the need and use of money. Whether...
REBASED GDP: SEPARATING FACTS FROM FICTION
By Sunday Dare The recently rebased Gross Domestic Product (GDP) or National Output of the Nigerian Economy comes in at a time such critical insight and numbers...
CBN’S New BDC Policy: AEF kicks says its a threat to Northern Economy,Security
CBN Governor,Yemi Cardoso The Arewa Economic Forum,AEF, a leading northern Nigerian advocacy and think-tank, has raised serious concerns over the Central Bank of...
Sustain tight monetary Policy IMF tells CBN
The International Monetary Fund (IMF) The International Monetary Fund (IMF) has called on the Central Bank of Nigeria (CBN) to maintain a tight monetary policy...
