Contrary to the CBN’s claim, imports are low relative to the size of Nigeria’s economy. The country has an import
The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week criticized Nigerians for patronizing the black market for foreign
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings
The Central Bank of Nigeria (CBN) on Tuesday asserted that persons using parallel market rates to pile pressure on it
The Central Bank of Nigeria (CBN) has rejected claims it is clamping down on the organisers of October’s anti-police brutality
BOFIA Act 2020: The Nigerian government has enacted a law that will establish a fund to back insolvent lenders and
Nigeria’s inflation rate rose by 14.23% (year-on-year) in October as against 13.71% recorded in September, indicating a persistent increase in
The House of Representatives has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mele Kyari, and Governor
The Nigeria Deposit Insurance Corporation (NDIC) has said that it is working on providing insurance for customers of non-bank financial
A federal high court in Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts
Nigerian banks face the risk of falling below minimum capital buffers demanded by regulatory authorities in case the economy tightens
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