Economy
Nigeria Eyes First International Bond Market, Hires Citibank, JPMorgan, Goldman Sachs As Advisers
Nigeria has concluded arrangements for its first outing at the international bond market, after two years, with...
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Many CBN Approvals Under Emefiele Didn’t Have Buhari’s Signature – Presidency
The Presidency says many approvals for the release of funds within the Central Bank of Nigeria (CBN) under...
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Alleged Suspicious $26Bn Transactions In Economy Put CBN, SEC Under Scrutiny
The revelation by the Central Bank of Nigeria (CBN) governor Yemi Cardoso on Tuesday that $26 billion suspicious...
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CBN Raises Interest Rate To 22.75% To Tackle Rising Inflation, Begins Sale of Dollars At N1301/$
The Central Bank of Nigeria (CBN) has raised the monetary policy rate, known as the anchor interest rate, by...
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Expectations High As Nigeria’s MPC Holds First Meeting Under Yemi Cardoso
The first, two-day Monetary Policy Committee (MPC) meeting under Yemi Cardoso as Governor of the Central Bank of...
Read moreDetailsCBN Increases BDC License Fees To N2bn, Tightens Noose On Fx Transactions
The Central Bank of Nigeria (CBN) has introduced a fresh set of guidelines to keep Bureau De Change (BDCs)...
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Services Sector Responsible For Nigeria’s 3.46% Economic Growth In Q4 Of 2023, Says NBS
Nigeria’s economy grew 3.46% the fourth quarter of 2023, according to the latest data from the nation's National Bureau...
Read moreDetailsAnalysts Fret Over Cardoso’s Recipe For Inflation Decline
Amid rising insecurity, declining value of the local currency, climate change and oil theft, among others, analysts have expressed...
Read moreDetailsAnxiety As NAFEM Exchange Rate Falls To Record Low Of N1,348/$1
More worries for the Central Bank of Nigeria (CBN) that has been struggling to improve the fortunes of the...
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Amid Growing Pressure On Naira, Report Says Exchange Rate Volatility May Affect Debt Servicing In 2024
*Naira Exchanges N1460/$ At Parallel Market A new report from Price Waters and Coopers (PwC) has revealed that...
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