Nigeria’s economy will grow in 2017 – Expert

An economic expert, Prof Uche Uwaleke, says he is optimistic that Nigeria’s economy will be ‘out…

Manufacturers urge CBN to release N50bn textile intervention fund

The Nigerian Textile Manufacturers Association (NTMA) has urged the Central Bank of Nigeria (CBN) to expedite…

Widen Forex sources, ABCON tells CBN

The President of the Association of Bureau De Change Operators of Nigeria (ABCON ), Alhaji Aminu…

Tomato paste manufacturers tackle CBN over FX policy

The Union of Tomato Paste Manufacturers in Nigeria has raised alarm over the danger of the…

CBN sells forex to BDCs

The Central Bank of Nigeria (CBN) started auctioning $250m to 3147  registered Bureau De Change nationwide…

Nigeria’s external reserves hit $27.2bn-CBN

Nigeria’s foreign exchange (forex) reserves have increased to $27.223 billion as at January 16, 2017, according…

CBN, entrepreneurial centre to train 500 women in Katsina State

The Central Bank of Nigeria (CBN), in partnership with North-west Entrepreneurship Centre, Kano, will train 500…

Inflation is out of CBN’s control – expert

The Head of Research, Nigerian Economic Summit Group (NESG), Dr Olusegun Omisakin, says rising inflation rate in…

IMF mocks CBN, says effort to save naira has crumbled

  The International Monetary Fund (IMF) has come hard on the Central Bank of Nigeria, saying…

How CBN foreign exchange policy crippled manufacturing firms in 2016

Nigeria’s manufacturing sector performed dismally in 2016 as manufacturers faced several challenges which affected them negatively.…

BDCs set forex rate before CBN meeting

Nigeria’s Bureau de Change (BDC) operators set their first ever reference exchange rate for the naira…

Customs generated N898bn in 2016, blames CBN for shortfall 

The Nigeria Customs Service has generated N898bn as revenue in 2016, including VAT. The NCS spokesman,…