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Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has called for an urgent increase in oil production and a broader economic diversification strategy...
The Central Bank of Nigeria (CBN) says N1.4 trillion will be distributed in the next three months to aid cash flow within the banking system....
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75...
Nigeria’s external reserves have reached a 22-month high of $37.31bn, reflecting significant foreign inflows into the country’s economy. Data from the Central Bank of Nigeria...
1. The Presidency has dismissed a viral media report claiming President Bola Ahmed Tinubu has asked the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,...
The Central Bank of Nigeria (CBN) says the country’s foreign exchange reserves are at risk due to the petrol subsidy removal and lower crude oil earnings. As...
The Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at N1,580/$. In a circular signed by W.J Kanya, acting...
The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has advocated policy consistency in Nigeria regardless of change from one administration to another. “Maintaining...
A federal high court sitting in Lagos has dismissed the applications filed by three foreigners to quash a bench warrant issued for their arrest and...
The Central Bank of Nigeria (CBN) says it sold foreign exchange (FX) to banks worth $876.26 million at N1,495 per dollar. The apex bank said the auction...
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