External Reserves: CBN Not Defending Naira, Says Cardoso
The depleting external reserve is mostly due to factors such as debt, ordinary course of business
The Governor of the Central Bank of Nigeria, Yemi...
Dangote crashes Diesel price to N1,000 per litre
The Refinery supplied products at N1,200/litre, 30% less than previous price of N1,600/litre, three weeks ago.
In an unprecedented move, Dangote Petroleum Refinery has announced...
CBN digs out $2.4bn foreign exchange scam
The CBN is confronted with challenges of the authenticity of certain FX transactions after settling some of the backlog tranches
In a surprising disclosure, the...
Just In: CBN clears all $7bn FX backlog as Nigeria’s external reserves rise to $34.11bn
The external reserves have seen a significant rise, reaching $34.11 billion as of March 7, 2024, the highest level in eight months
The Central Bank...
ECONOMY: CBN sells record N1.3tr Treasury Bills to strengthen naira
Investors submitted bids totaling N1.5 trillion, which is more than the N312 .9 billion offered by the CBN
The Central Bank of Nigeria (CBN) has...
