National Assembly Proposes N1 trillion Capital Base Bill to Strengthen CBN
The National Assembly is advancing a significant proposal aimed at fortifying the Central Bank of Nigeria (CBN), potentially elevating its...
Dollar Crashes Against Naira on Binance Trading at N1,415/$ Amid CBN Directives to BDCs
The US dollar has experienced a significant decline against the Nigerian naira on the cryptocurrency exchange platform Binance, sparking considerable...
CBN Sells Dollars to BDCs at N1300/$1 As Naira Gains Ground in Parallel Market
In recent developments in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has taken significant steps to address...
NGX Records Lowest Foreign Participation at 8.5% in January 2024
In January 2024, foreign participation in the Nigerian Exchange Limited (NGX) plummeted to an all-time low of 8.5%, marking a...
BDC Should Not to Be An All Comers affairs-CBN
In a pivotal Monetary Policy Committee (MPC) press conference, Central Bank of Nigeria (CBN) Governor Cardoso delivered a resolute message...
Just In: CBN Push Additional $400 Million to Clear FX Backlog to Stabilize Exchange Rate
In a groundbreaking move aimed at addressing Nigeria's foreign exchange backlog, the Central Bank of Nigeria (CBN) has announced the...
Breaking: CBN Raises MPR to 227.75% up 400 basis points Amid Economic Uncertainty
The Central Bank of Nigeria (CBN) has announced a substantial increase in the Monetary Policy Rate (MPR) by 400 basis...
CBN Debunks Claims of Weekly FX Sales to Bureau De Change Operators
The Central Bank of Nigeria (CBN) has issued a statement refuting recent rumors circulating regarding the resumption of weekly sales...
Japan’s Inflation Slows to 2% in January
In January, Japanese consumer inflation eased for the third consecutive month, with prices rising just 2.0 percent, according to government...
CBN Injects Over $300 Million into Banks as Naira Sees Uptick
Amidst concerted efforts to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has injected over $300 million...
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