The Central Bank of Nigeria (CBN) via the Director, Corporate Communications, Mr. Osita Nwanisobi, disclosed in a statement that it
With the naira’s exchange rate plumbing new depths and the balance on the gross external reserves scraping the bottom of
CBN “Essentially, when Emefiele says “jump,” his former banker colleagues sitting on the committee simply reply “How high?” In late
“The sacking of the First Bank of Nigeria board seems marked with an exercise of arbitrary powers by the CBN
“There is also the argument that watching the exchange rate matters because we are import-dependent. That is obviously untrue as
Although Nigeria’s inflation rate rose to 17.33 percent in February 2021 from 16.47 percent the previous month, the Central Bank
The CBN’s “Buy 1 Get 5 free” promo comes into its own. Over the last two decades, we have seen
The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,
The Nigerian Markets report for the week ended February 5, 2021. It captures indexes that gauge performance across a number
The Nigerian Markets report for the week ended January 29, 2020. It captures indexes that gauge performance across a number
The Monetary Policy Committee (MPC) of Nigeria’s central bank on Tuesday decided to retain its Monetary Policy Rate (MPR) at
The exchange rate at the Nigerian Investors and Exporters’ (I&E) Window closed at N394/$1 on Monday, January 4, 2021, following
Get notified about new articles
