CBN - Central Bank Of Nigeria
Presidency has reacted to reports that the Central Bank of Nigeria governor Yemi Cardoso was asked to resign by President Bola Tinubu as naira continues free fall.
Nigeria's external reserves rose from $33.30 billion on June 13, 2024, to $36.87 billion on September 12, 2024, a 10.7% gain in the last three months.
The deal between the FG and Dangote Refineries regarding the sale of PMS to NNPCL has been praised by the Nigeria Employers' Consultative Association.
The changes implemented by the CBN have led to the highest level of dollar inflows into Nigeria via International Money Transfer Operators in at least six years.
According to a report by Afrinvest Research, in less than a week, Nigerian banks and discount stores borrowed N3trn under the Standing Lending Facility from the CBN.
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Investigations show that in just five months, Petroleum Marketers lifted 518,500 metric tons of diesel and Jet A1 aviation fuel from Dangote Refinery (DR).
Nigeria's foreign exchange reserves gained over $620 million in 10 days after the Nigerian government announced the successful execution of its Domestic Dollar Bond.
CBN - Central Bank Of Nigeria
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