Tag: Central Bank of Nigeria

In a significant development for the global energy market, Brent crude oil prices have dipped below $70 per barrel for ...

Nigeria's economy has shown signs of recovery for the first time in 13 months, according to the Central Bank of ...

In the first seven months of 2024, Nigeria's expenditure on external debt servicing surged by 53.6% to $2.78 billion, up ...

Nigeria's foreign trade payments via Letters of Credit (LCs) saw a significant decline in the first seven months of 2024, ...

The Nigerian naira made a strong recovery on Thursday, August 29, 2024, after briefly crossing the N1,600 mark against the ...

The Nigerian foreign exchange market is experiencing a significant downturn, with the average daily forex turnover hitting its lowest point ...

The Central Bank of Nigeria (CBN) has lifted the suspension on its Standing Lending Facility (SLF) for authorized dealers, a ...

In April 2024, Nigeria experienced a notable surge in capital outflows, reaching a total of $1 billion, marking a significant ...

Nigeria saw a significant rise in capital outflows in April 2024, with total outflows reaching $1 billion, marking a 35.14% ...

The Federal Government's fiscal deficit increased slightly in April 2024, reaching N824.79 billion, up from N823.91 billion in March, according ...