Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at…
Tag: CBN
Why price of local rice is high – Rice miller
Rice millers in Kano State have attributed the high cost of locally-produced rice to the increasing…
Forex: CBN introduces new rules, naira closes at 367/$
The Central Bank of Nigeria (CBN) on Monday introduced new rules into the interbank foreign exchange…
Nigerian forex reserves fall to $30.49 bln as of May 25 – CBN
Nigeria’s foreign exchange reserves fell to $30.49 billion as of May 25, the lowest level since…
CBN: About N4trn from 2016 budget yet to be implemented
Director of monetary policy at the Central Bank of Nigeria (CBN), Moses Tule, says about N4 trillion…
Manufacturers decry CBN’s retention of interest rate at 14%
The Manufacturers Association of Nigeria (MAN) Ogun Chapter, has condemned the retention of interest rate by…
CBN retains 14% interest rate
The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise…
CBN retains 14% interest rate
The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise…
CBN releases list of items valid for forex
The Central Bank of Nigeria (CBN) yesterday released a list of items that can source foreign…
Senate queries CBN, NNPC, 36 others over 2017 budget
The Senate on Tuesday queried the Central Bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC),…
Soludo: Why CBN must do away with politics in managing forex policy
Former Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, yesterday said the current…
We must eliminate 41 items to achieve forex rate convergence – Soludo
Former Central Bank’s governor, Professor Charles Soludo, has called for the complete elimination of the “41…