CBN latest news - Page 8

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

Finance & Economy·Latest News

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

The Nigerian government has restructured its debt to the Central Bank of Nigeria (CBN), resulting in a reduction of the owed amount to N4.36 trillion as of June 2023, according to

Emmanuel Ochayi

1 year ago

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Opinion

Nigeria Week Ahead: CBN Rate Decision, Inflation And Oil in Focus

The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week.

Lukman Otunuga

1 year ago

Editorial

World Food Day, CBN And Lifting Of Forex Ban On Foodstuffs

Today is World Food Day – a day set aside by the United Nations to encourage action for the future of food, people, and the environment and awareness of hunger. Although this

Prime Business Africa Editorial

1 year ago

How Nigeria’s FDI Fell By $19bn In 10 Years – Finance Minister

Finance Minister Vows Responsible Budget Support As Nigeria Seeks $1.5bn World Bank Deal

Nigeria’s Finance Minister Wale Edun has stated that President Tinubu is committed to adhering to statutory limits when seeking budget support from the Central Bank of Nigeria. Edun, who made this known

Emmanuel Ochayi

1 year ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

Forex Market witnessed a surge in turnover, totaling $53.02 million, following the Central Bank of Nigeria's decision to lift the ban on 43 items.

Emmanuel Ochayi

1 year ago

IMF, World Bank Aplauds CBN For Lifting Forex Restrictions On 43 Items

Africa·Latest News

IMF, World Bank Praise CBN For Lifting Forex Ban On 43 Items

The International Monetary Fund (IMF) and World Bank have lauded the Central Bank of Nigeria’s decision to lift restrictions on 43 items banned from accessing foreign exchange through official channels. Speaking at

Emmanuel Ochayi

1 year ago

Business·Currency

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some

Victor Ezejaand

Admin

1 year ago

Breaking: Senate Confirms Cardoso As CBN Governor, 4 Deputies

Business

CBN Sustains Market Intervention To Stabilize Exchange Rates, Announces New Measures

In its half-year financial markets report, the Central Bank of Nigeria (CBN) revealed that it has maintained efforts to alleviate demand pressures and ensure exchange rate stability. Mr. Fola Shonubi, the then

Emmanuel Ochayi

1 year ago

Opinion

CBN Governors And Policy Priorities

By Arize Nwobu The Central Bank of Nigeria (CBN) was established by the CBN Act of 1958 and commenced operation in 1959. The current legal framework within which the CBN operates

Arize Nwobu

1 year ago

eNaira Sees Surge In Transaction Volume, Yet Adoption Lags Behind

Business

CBN Defends eNaira, Emphasizes Role In Financial Inclusion

CBN has pushed back against claims in some quarters that its digital currency, the eNaira, poses a threat to the nation's financial stability.

Emmanuel Ochayi

1 year ago

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CBN latest news - Page 8

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

Nigeria Week Ahead: CBN Rate Decision, Inflation And Oil in Focus

World Food Day, CBN And Lifting Of Forex Ban On Foodstuffs

Finance Minister Vows Responsible Budget Support As Nigeria Seeks $1.5bn World Bank Deal

Official Forex Market Sees $53.02m Surge As Nigeria Lifts Ban On 43 Items

IMF, World Bank Praise CBN For Lifting Forex Ban On 43 Items

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

CBN Sustains Market Intervention To Stabilize Exchange Rates, Announces New Measures

CBN Governors And Policy Priorities

CBN Defends eNaira, Emphasizes Role In Financial Inclusion

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