Currency Circulation Outside Nigerian Banks Hits Record N3.71 Trillion in May 2024
The amount of currency circulating outside the Nigerian banking system surged to a new peak of N3.71 trillion in May ...
Tag: Financial Analysis
CBN’s Bold $10 Billion Forex Backlog Resolution: A Gambit Worth Watching
The Central Bank of Nigeria (CBN) has set an audacious target - to clear a lingering $10 billion foreign exchange ...
Nigeria’s Foreign Inflows Dip to N9.45 Billion in July, Prompting Concerns.
Foreign investment in Nigerian stocks has reached its lowest point since President Bola Tinubu's transformative reforms that ignited a significant ...
CBN Plans Further Loosening of Controls to Determine New Naira Level
Dr. Kingsley Obiora, the Deputy Governor of the Economic Policy Directorate at the Central Bank of Nigeria (CBN), has revealed ...
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