CBN Declares Tomorrow Financial Literacy Day As Nigeria joins the rest of the world to mark this year’s Global Money Week, the Central Bank of Nigeria...
States’ Debt Rises to N3.3tn, Says NEITI The Nigeria Extractive Industries Transparency Initiative on Tuesday said the debt burden of the 36 states of the federation...
CBN Introduces New FX Rate for BDCs The Central Bank of Nigeria has reviewed down the rate at which it was selling dollars to Bureau De...
BDCs to Boycott $25m CBN Auction Over Pricing Bureaux de Change (BDCs) operators said they will not participate in today’s $25 million weekly dollar auction by...
Banks Get Dollar Surplus as CBN Offers $100 Million The Central Bank of Nigeria (CBN) ended the week with a fresh dollar intervention at the interbank...
CBN’s Planned Interventions May Crash Dollar Further The United States dollar may record further loss this week as indications have emerged that the Central Bank of...
NASI Sheds 0.77% as MPC Holds Rates The Nigerian Equities market closed under water Week-on-Week, declining by 0.77% to bring the Year-to-Date return to -5.28%. However,...
CBN Offers One-year TB Above Inflation Rate The Central Bank of Nigeria on Thursday said it sold one-year treasury notes at 18.69 per cent, above inflation...
FG to Establish Niger Delta Development Bank The federal government is working towards the establishment of a Niger Delta Development Bank to speed up the development...
External Reserves Drop for First Time Since December The nation’s foreign exchange reserves, which had increased significantly in recent months to hit the $30bn mark, fell...