CBN spent N1.23tr intervention fund illegally-Senate

Senate yesterday took steps to curb alleged recklessness of the Central Bank of Nigeria (CBN) on…

CBN to sell dollars to airlines, fuel importers

Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a…

CBN to sell dollars to airlines, fuel importers

  Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at…

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),…