CBN - Central Bank Of Nigeria
FG takes action to boost naira, targets Nigerians abroad with dollar-denominated bond
The Nigerian government has disclosed plans to issue the country's first dollar-denominated bonds via the capital markets, the banks and other avenues.
Opay sends important update after Nigerian banks dismissed 93 employees for N10bn fraud
Opay speaks on financial security updates designed to protect its users on its in a world where people are becoming more and more dependent on digital solutions.
Importers to pay more as CBN hikes Customs exchange rates, naira Falls to new low
The Central Bank of Nigeria (CBN), has adjusted the Customs Exchange rates for cargo clearance at Nigeria's port following the depreciation of the naira at NAFEM.
Expert speaks on CBN’s decision to raise interest rate by 50 basis points, asks important questions
The Central Bank of Nigeria decided to increase the rate and Uche Uwaleke, a financial expert, is raising important questions about some key decisions.
CBN says Nigeria’s debt has declined from $181m to $98m, announces new debt service ratio
The Nigerian government has demonstrated remarkable financial management progress with a considerable decline in debt service and an increase in non-oil earnings.
T-bills: FG offers highest on record yield to borrow money from investors
Nigerian Treasury bills were put up for auction with a record-high yield in an attempt to stave off inflation and maintain the value of the national currency.
Expert predicts new exchange rate, rice price as CBN takes action to crash the dollar
The managing director of Financial Derivatives Company Limited, Bismarck Rewane, has predicted that the naira will recover from N1,500 per dollar to N1,700.
Traders quote new exchange rate as naira crashes again against US dollar after CBN’s decision
The naira has depreciated further against the dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite the CBN's intervention efforts.
Nigerians abandon UK, US, other foreign schools as FX crises worsen
Nigerians spent $38.17 million on foreign schooling between January and March of 2024, according to data from Central Bank of Nigeria's first-quarter 2024 report.
CBN - Central Bank Of Nigeria
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