Nigeria’s foreign reserves slide to $36.44B as demand for FX surges
Nigeria's external reserves have slipped by 1.16% over the past two weeks, falling to $36.44 billion as of August 22, ...
Tag: CBN
CBN reintroduces publication of PMI, BES, IER, other economic indicators
In an effort to boost public confidence and provide adequate data in Nigeria’s financial system, the Central Bank of Nigeria ...
Customs blames CBN forex policy for decline in cargo volume
Association of Nigerian Licensed Customs Agents (ANLCA) has stated that the Central Bank of Nigeria's (CBN) forex prohibition list and the crashing ...
Foreign airlines urge early release of $265m by CBN
Association of Foreign Airlines and their representatives in Nigeria have urged the Central Bank of Nigeria (CBN) to promptly release ...
Expert laments plight of airlines, urges CBN to release trapped funds
A expert, a former Vice Chairman of the National Association of Nigerian Travel Agencies (NANTA), Segun Adewale, has urged the ...
NESG pleads with CBN to harmonise multiple exchange rates
The Nigeria Nigeria Economic Summit Group (NESG) has canvassed harmonisation of the country's multiple exchange rates (forex) rates so as ...
FG’s indebtedness to CBN hits $47 billion
Indications have emerged that Nigeria’s indebtedness to the Central Bank of Nigeria has reached $47 billion or an equivalent of ...
CBN urges local manufacturers to embrace development banks
Local manufacturing firms have been urged by the Central Bank of Nigeria (CBN) to approach the Development Bank of Nigeria ...
CBN assures Nigerians on foreign exchange crisis
As policy threatens aviation sector Following rising demands for foreign exchange by individuals and businesses in Nigeria and the unprecedented ...
CBN’s new monetary policy rate, MPC’s goof and manufacturers’ dilemma
Only recently, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) met to review its first quarter ...
