CBN releases $425m trapped funds to foreign airlines

The International Air Transport Association (IATA) has said that the Central Bank of Nigeria (CBN) has…

CBN releases $425m trapped funds to foreign airlines

The International Air Transport Association (IATA) has said that the Central Bank of Nigeria (CBN) has…

Nigeria FX buffer at near 3-month high of $30.8 bln by July 27 -CBN

Nigeria’s foreign exchange reserves had risen to an almost three-month high of $30.74 billion by July…

CBN keeps interest rate at 14% 

The monetary policy committee of the Central Bank of Nigeria (CBN) has retained monetary policy rate…

CBN MPC holds key rates for 12 months consecutively

The monetary policy committee of the Central Bank of Nigeria (CBN) retain MPR at 14 percent…

We’ve returned N51.9bn to bank customers for illegal deductions-CBN

The Central Bank of Nigeria (CBN) says it has recovered N51.9 billion illegally deducted by commercial…

CBN replies Senate, says not selling dollars

The Central Bank of Nigeria (CBN) on Friday reacted to claims by the Senate that it is selling…

$793.2 million TSA funds: Skye Bank confirms holding $41 million, denies hiding from CBN

The management of Skye Bank on Friday confirmed holding about $41 million (about N12. 9billion) belonging…

CBN replies Senate, says not selling dollars to anyone at N200 rate

The Central Bank of Nigeria (CBN) on Friday reacted to claims by the Senate that it…

CBN has capacity to sustain forex intervention – Expert

A finance analyst, Dr. Biodun Adedipe, says the Central Bank of Nigeria (CBN) has the capacity…

Budget deficit shoots up to N397.74bn in May

Central Bank of Nigeria (CBN) said the nation has recorded a budget deficit of N397.74 billion…

Nigerians lost N11.9b to Ponzi scheme – CBN

The Central Bank of Nigeria (CBN) said on Thursday that Nigerians lost N11.9 billion to the…