Nigeria’s foreign reserves rise for first time since 12 February
Nigeria may be turning a corner in its dollar reserves, as data published by the…
9 years ago
Central Bank of Nigeria
With dollar shortage, Nigerian banks risk loan default
Nigeria's central bank has tightened restrictions on the flow of dollars to domestic lenders, forcing…
9 years ago
How to end US Dollar hoarding in Nigeria
By David O. Kuranga Given the present budget crisis in Nigeria the Federal Government initiated…
9 years ago
Shocking: $20 billion idle in banks as govt begs for $5b external loan
Central Bank Governor Mr. Godwin Emefiele gave a shocking disclosure on Thursday about the massive…
9 years ago
CBN to banks: How to handle accounts with BVN issues
The Central Bank of Nigeria (CBN) on Thursday, said that bank accounts without the Biometrics…
9 years ago
Nigerian banks return N6.2 billion illegal charges, CBN reveals
The Central Bank of Nigeria (CBN) said it compelled Deposit Money Banks (DMBs) to refund…
9 years ago
CBN debunks parents’ claims
Femi Anjorin The Central Bank of Nigeria, CBN, has debunked the claims of some parents…
9 years ago
CBN auctions N142.43 billion treasury bills at 4.85%
Nigeria's Central Bank  sold 142.43 billion naira ($715.73 million) worth of three-month to one-year treasury…
9 years ago
Foreign school fees strain Nigeria’s dollar reserves: Bankers
The Bankers Committee of the Central Bank of Nigeria disclosed today that the demand for…
9 years ago
Nigeria’s Forex reserves fall to $28.2billion
Nigeria's foreign exchange reserves fell to $28.2 billion by Jan 27, the lowest level since…
9 years ago