Forex reserves drop by $342.97 million, first time in four months
Nigeria's external reserves have dipped by approximately $342.97 million over a period of nine days.
Tag: CBN
Nigeria eyes $500 million World Bank loan to reduce staffing gaps in education, health sectors
Nigeria is on the verge of securing a $500 million loan from the World Bank, a significant financial boost aimed ...
Nigerian businesses are reducing workforce, CBN data reveals
The Central Bank of Nigeria's (CBN) latest Purchasing Managers' Index (PMI) report for July 2024 reveals that the Composite Employment ...
Nigeria’s Purchasing Managers’ Index contracts for the 13th consecutive month – CBN
The Central Bank of Nigeria's (CBN) Purchasing Managers' Index (PMI) report for July indicates a continued contraction in economic activities, ...
MPC member warns against proposed increase in Ways and Means limit
Murtala Sabo Sagagi, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has expressed ...
CBN resumes regular publications on Inflation, business expectations survey, others to promote transparency
The Central Bank of Nigeria (CBN) has announced the reintroduction of periodic reports on key economic indicators as part of ...
CBN incurs N1.55 trillion interest from T-Bills sales in first half of 2024
The Central Bank of Nigeria has incurred an estimated N1.55 trillion in interest payments for the 12 successful Treasury Bills ...
CBN and FBN Holdings urge Court to dismiss Barbican Capital’s suit over share dispute
The Central Bank of Nigeria (CBN) and FBN Holdings Plc have asked a Federal High Court in Lagos to dismiss ...
Nine firms purchase $25.76 million from CBN’s retail Dutch auction to repay loans
The Central Bank of Nigeria (CBN) conducted a Retail Dutch Auction on August 6, 2024, where nine companies purchased a ...
NDIC pays 82.36% of insured deposits to customers of liquidated Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) has successfully paid 82.36% of the total insured deposits to customers of the now-defunct ...
