CBN - Central Bank Of Nigeria
Naira nosedives against dollar as CBN reports rise in Nigeria’s external reserves
Amid an increase in foreign reserves and a hike in Nigeria's interest rates, the naira fell against the US dollar, depreciating to N1,658. per dollar from N1,562/$.
"There will be sanctions": CBN to release N1.4 trillion to address ATM cash shortages
The Central Bank of Nigeria (CBN) has announced plans to inject N1.4 trillion into the banking system over the next three months to improve cash flow.
Nigerians react as CBN hikes cost of borrowing from banks to 27.25 per cent
The CBN's Monetary Policy Committee (MPC) has increased the monetary policy rate (MPR), which sets the benchmark for interest rates, from 26.75% to 27.25%.
CBN announces opening for 7 job positions, names who can apply
The selection process for substantive directors commenced to fill the positions of those relieved by CBN of their roles, including some who resigned 11 months ago.
CBN, currency traders give new exchange rates as Naira depreciates against US dollar
Nigerian currency has depreciated further against the United States dollar in the foreign exchange markets amid a drop in dollar supply into the forex market.
NERC fines AEDC, EKEDC, others as report shows overbilling tops customers' complaint
According to NERC, 1,220,245 complaints were made through its customer complaints units in 2023, with overbilling and metering being the majority of the complaints.
All Globus Bank USSD codes for transfer, balance and more
Do you know what the Globus Bank USSD code is? This Nigerian financial institution lets customers perform all transactions using a simple USSD code. Find out how.
Group speaks on operation of Port Harcourt refinery, new Dangote petrol price
NECA President feels that eliminating fuel subsidies completely and possibly extending subsidies to other sectors of the economy would be the best course of action.
Despite Increasing Prices, Nigeria Misses Out on List of African Countries With highest Fuel Cost
Africa has vast oil deposits, particularly in Nigeria, Angola, and Algeria, but most of the crude oil is exported since there isn't enough technology to refine it.
CBN - Central Bank Of Nigeria
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