Awka Chambers seeks access to forex for raw materials inputs
The Awka Chambers of Commerce and Industry, Mines and Agriculture (AwkaCCIMA) has decried the lack of access to foreign raw ...
Thursday, March 26, 2026
Tag: CBN
Nigeria central bank warns of return to negative growth if fiscal policies not activated, holds policy rates at 14%
Rising from its 257th monetary policy committee (MPC) meeting Tuesday, the Central Bank of Nigeria (CBN) voted to hold all ...
9mobile, formerly Etisalat Nigeria, appoints advisers ahead of sale
9mobile, formerly Etisalat Nigeria, has appointed advisers to manage the process of attracting investors to take over the telecoms company ...
Nigeria’s current account surplus seen dipping to 1.2% in 2018 on expected build-up in imports
Nigeria’s current account surplus has been projected to narrow from 3.1 percent of GDP this year to 1.2 percent in ...
Nigeria’s naira medium-term outlook shaky as multiple exchange tiers, weak oil prices cast pall on recent gains
The recent gains of Nigeria’s local currency, the naira, against the US dollar may not be sustainable over a medium ...
Nigeria’s central bank will continue to review policies to ensure best for economy, says Emefiele
Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN) said the apex bank will continue to review its policies ...
Updated- Fidelity, Skye, Sterling, UBA deny concealing TSA funds
Skye, Fidelity, UBA and Sterling banks, four of the seven banks facing charges over $793 million unremitted TSA funds have ...
Nigeria bursts monthly fiscal deficit target by over 100% in May, signaling burden ahead for 2018 budget
The fiscal operations of the Federal Government resulted in an estimated deficit of N397.74 billion for the month of May ...
Services gulp nearly half of Nigeria forex disbursed in May, ahead industrial sector’s 26%
The services or invisible sector of the Nigerian economy, including education, consulting, tourism, shipping and others, gulped just over 41 ...
N234bn Paris Club refund improves market liquidity as interbank rates trend below policy rate at 5.25%
Nigeria’s money market rates, in particular, interbank overnight rates, fell week-on-week by over 900 basis points to 5.25 percent Wednesday, ...
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