IMF, CBN differ on Nigeria’s economic outlook

The International Monetary Fund (IMF) and the Central Bank of Nigeria (CBN) on Tuesday disagreed on…

$17bn stolen crude: Reps’ panel queries CBN over $81.2bn shortfall

The House of Representatives has queried the Central Bank of Nigeria (CBN) for a staggering $81.2bn…

Forex restriction on 41 items stays, CBN insists 

The Central bank of Nigeria (CBN) has clarified its new policy action, which lifted a ban…

Forex: Buhari happy with market stability-Emefiele

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has briefed President Muhammadu Buhari…

CBN lifts currency ban for small imports

Central Bank of Nigeria (CBN) has lifted a ban on currency allocation for importers bringing in…

CBN’s April PMI confirms economy recovering from recession

The Central Bank of Nigeria (CBN), yesterday, issued its Purchasing Managers Index (PMI), report for April,…

Stolen crude: Reps’ panel demands details of $1.2bn payment by Aiteo

The House of Representatives has demanded the details and explanations of the excess of $1.2bn paid…

FG to review CBN’s restriction on 41 items 

Nigeria aims to end its use of a list of 41 import items for which local…

CBN sanctions 12 banks for flouting forex rules 

The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from…

Nigeria aims for more flexible system of forex allocation – Vice Pres Osinbajo

Nigeria aims to end its use of a list of 41 import items for which local…

CBN vows to sustain forex intervention, says Nigeria will exist recession Q3 

Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Tuesday said that the country would be…

Forex: CBN creates FX window for investors, exporters

‎‎Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs), the  Central…