Tag: Central Bank of Nigeria (CBN)

The current exchange rate for customs import duties and cargo clearance payments has surpassed the official foreign exchange market rate ...

In a concerning economic development, the Nigerian Naira started a new low on Monday, opening at N927.19 per dollar in ...

The Naira experienced a reversal in fortunes against the U.S. Dollar, recording a marginal decline after a previous day's appreciation. ...

In another blow to the Nigerian economy, the Naira witnessed a further depreciation against the US Dollar in the Nigerian ...

The Economist Intelligence Unit (EIU) has forecasted a weakening of Nigeria's official exchange rate to N1,068.3/$ by 2025, citing ongoing ...

The Chairman of Air Peace, Mr. Allen Onyema, has voiced his concerns over the delay in accessing $14 million held ...

The first half of 2023 witnessed a significant surge in the inventory of unsold finished products in Nigeria's manufacturing sector, ...

The Manufacturers Association of Nigeria (MAN) has called upon federal and state authorities to streamline the complex tax structure affecting ...

The newly appointed Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has outlined his immediate priorities during a ...

According to the latest quarterly economic report released by the Central Bank of Nigeria (CBN), consumer credit in Nigeria experienced ...