Nigerian monetary policymakers face three main pressures this quarter: the ongoing COVID-19 pandemic and a pressing need for economic stimulus in addition to stagflation and a weakened naira. Monetary policymakers
Tag "Central Bank of Nigeria (CBN)"
The Central Bank of Nigeria (CBN) says it is committing N50 billion to reposition the Nigeria Commodity Exchange (NCX) within the next 90 days. Godwin Emefiele, the CBN governor, was
The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves rose from $34.94 billion in November 2020 to $36.23 billion as of January 21, 2021. These figures were provided
The federal government has appointed pre-shipment inspection agents (PIAs) and monitoring and evaluation agents (MEAs) for non-oil exports. According to a circular published by the Central Bank of Nigeria and
The Central Bank of Nigeria (CBN) has directed banks to deny exporters with unrepatriated export proceeds from accessing all banking
The Central Bank of Nigeria (CBN) has again warned international money transfer operators (IMTOs) and unlicensed companies to stop facilitating
The Central Bank of Nigeria (CBN) has disbursed N14.35 billion to electricity distribution companies (DisCos) to procure 263,860 meters for
Fitch Ratings, a credit rating agency, says repeated recourse by the federal government (FG) to its ways and means facility
The Central Bank of Nigeria (CBN) says it will review the products and solutions being launched by licensed financial institutions.
Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN), says it
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