Tag: Central Bank of Nigeria
Nigeria’s Forex Inflow Surges as Remittances Quadruple to $1.3 Billion
The Central Bank of Nigeria (CBN) has announced a substantial rise in foreign exchange inflow into the Nigerian economy for the month of February. According to ...Federal Government Vows to Pursue Saboteurs of Economic Reforms
The Federal Government of Nigeria has issued a stern warning to individuals undermining its efforts to enact economic reforms aimed at enhancing the nation’s prosperity. In ...Ex-SGF Mustapha Denies Involvement in Alleged $6.2m Payment for Foreign Election Observers
Former Secretary to the Government of the Federation (SGF), Boss Mustapha, has testified in the ongoing trial of Godwin Emefiele, ex-governor of the Central Bank of ...Senator Ndume Challenges CBN’s Relocation Plans, Advocates for Monetary Stability
Chief Whip of the Senate, Mohammed Ndume, has reiterated his opposition to the Central Bank of Nigeria’s (CBN) plans to relocate some departments to Lagos, emphasizing ...Naira falls to all-time low on official window, trades 1348/$
Naira falls to all-time low on official window, trades 1348/$ The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market ...Naira Nosedives: Backlog Bites as Dollar Demand Swells, Reaching N900.96 Low
The Nigerian naira continues its descent, plunging to a fresh low of N900.96 against the dollar at the official market on Friday, January 26th, 2024. This ...