Central Bank of Nigeria (CBN) said the nation has recorded a budget deficit of N397.74 billion…
Tag: CBN
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…
Mutilation of naira notes is abuse on national sovereignty – CBN
The Central Bank of Nigeria has condemned the mutilation of naira notes, saying it represents an…
Mutilation of naira notes is abuse on national sovereignty – CBN
The Central Bank of Nigeria has condemned the mutilation of naira notes, saying it represents an…
CBN sells $254.3m to airlines, oil companies
Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost…
Nigeria forex reserve dips slightly in June from a month ago- CBN
Nigeria’s foreign exchange reserve stood at $30.25 billion by June 28, down 0.36 percent from a…
Nigeria’s investor and black market FX rates near convergence
The rates at which Nigeria’s naira currency was traded in the investor foreign exchange window and…
CBN spent N192bn in 5 years on currency maintenance
Assistant Director Currency Operations of the Central Bank of Nigeria (CBN) Benedict Maduagwu, has said “between…
Investors cheer Nigeria currency shift, want more
Nigeria’s recent tentative steps to free up its naira currency, particularly via a new trading…
FX reserves fall for nine days in a row as CBN pump fresh $195m
Nigeria’s foreign exchange reserves fell for nine days in a row as the the Central Bank…
CBN to sell $100 million at forex market auction
Nigeria’s central bank plans to sell $100 million at a special foreign currency auction on Monday,…