Allan Kilavuka, chief executive officer, Kenya Airways, says Nigeria, Ethiopia, and Malawi are withholding about $28 million of revenue from the airline. Kilavuka disclosed this recently while responding to a
Tag "Central Bank of Nigeria (CBN)"
The Central Bank of Nigeria (CBN) says the country has recorded $2.4 billion in diaspora remittances through its ‘Naira 4 Dollar Scheme’ in 2022. In March 2021, the apex bank
The Central Bank of Nigeria (CBN) says Nigeria must build a broad-based and well-diversified economy that will guarantee overall macroeconomic stability. Godwin Emefiele, apex bank governor, said this at a seminar
The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Naira (CBN) to allocate more foreign exchange to ease the importation of raw materials and machinery. Okwara Udensi,
The naira, on Tuesday, fell to N692 per dollar at the parallel market amid the lingering scarcity of the greenback.
The Central Bank of Nigeria (CBN) says it will roll out the unstructured supplementary service data (USSD) code for eNaira
The Central Bank of Nigeria (CBN) has reversed the five percent interest rate on all its intervention facilities to nine
The Central Bank of Nigeria (CBN) has directed banks to increase the minimum interest rate payable on savings deposits from
The naira has dropped to N683 per dollar at the parallel section of the foreign exchange (FX) market, popularly called
The Nigerian Export Promotion Council (NEPC) has asked exporters to take advantage of bank interventions for the non-oil export sector.
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