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Emefiele: I’m confident Nigeria will be out of recession by Sept

    Emefiele: I’m confident Nigeria will be out of recession by Sept

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says he remains confident that the economy will be out of recession by the end of the third quarter of

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FXTM Analyst: Nigeria’s failure to get out of recession brought undeniable disappointment

    FXTM Analyst: Nigeria’s failure to get out of recession brought undeniable disappointment

Lukman Otunuga, a research analyst at FXTM, says there was an undeniable feeling of disappointment across Nigerian markets, as the country failed to get out of recession in Q1 2017.

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FX market gets fresh $255m as CBN seeks rate convergence

    FX market gets fresh $255m as CBN seeks rate convergence

Ahead of the outcome of the ongoing monetary policy committee (MPC) meeting in Abuja, the Central Bank of Nigeria (CBN) again injected over $255 million in to the foreign exchange

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Ex-CBN deputy gov: Naira was accepted in UK, Saudi — but now Benin Republic rejects it

    Ex-CBN deputy gov: Naira was accepted in UK, Saudi — but now Benin Republic rejects it

Obadiah Mailafia, a former deputy governor of Central Bank of Nigeria (CBN), says the naira — which was accepted in London and Saudi Arabia years ago — is not even

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In 24hrs, CBN pumps nearly half a billion dollars into FX market

  In 24hrs, CBN pumps nearly half a billion dollars into FX market

In less than 24 hours, the Central Bank of Nigeria (CBN) on Monday injected $457.3 million into various segments of

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Naira gains, despite consecutive fall in foreign reserves

  Naira gains, despite consecutive fall in foreign reserves

The Nigerian naira strengthened slightly at the parallel market, despite fall in the country’s foreign reserves. On Friday, the naira

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CBN confirms FX glut as banks pick up only 29% of $150m offered

  CBN confirms FX glut as banks pick up only 29% of $150m offered

The Central Bank of Nigeria (CBN) has confirmed excess availability of foreign exchange at the interbank market, as banks fail

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41 items remain ineligible for forex, says CBN

  41 items remain ineligible for forex, says CBN

The Central bank of Nigeria (CBN) has clarified its new policy action, which lifted a ban on items not eligible

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UPDATED: CBN to give forex to small-scale importers of items not valid for FX

  UPDATED: CBN to give forex to small-scale importers of items not valid for FX

The Central Bank of Nigeria (CBN) says small-scale importers of items not valid for foreign exchange via the official window,

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CBN: 73,941 Kebbi farmers repay N7.1bn… 20 other states N1.2bn

  CBN: 73,941 Kebbi farmers repay N7.1bn… 20 other states N1.2bn

The Central Bank of Nigeria (CBN) says farmers who accessed under its anchor borrowers’ programme (ABP) have commenced repayment of

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