Nigeria to Get Off Grey List by May 2025 – CBN Angela Amuzu Oct 28, 2024 The Central Bank of Nigeria (CBN) has announced that the apex bank is engaging at the highest level to facilitate…
Nigeria’s FX Crisis Fuels Crypto Usage as Transactions Hit… Angela Amuzu Oct 3, 2024 Cryptocurrency usage continues to rise in Nigeria, driven by a weakening currency and soaring inflation, according…
Four Economic Implications of Nigeria’s Latest Interest Rate… Angela Amuzu Sep 26, 2024 The Central Bank of Nigeria (CBN) has again raised the benchmark interest rate by a half percentage point to 27.25…
How oil receipts declined from $3bn to zero Rhema Dec 1, 2022 The official foreign exchange receipt from crude oil and gas sales into Nigeria’s official reserves has dried up…
How oil receipts declined from $3bn to zero Rhema Nov 30, 2022 The official foreign exchange receipt from crude oil and gas sales into Nigeria’s official reserves has dried up…
Trapped funds: CBN releases $265m to airlines Rhema Aug 29, 2022 In a bid to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday,…
Nigerian banks can absorb $6bn credit losses without… Rhema Jul 15, 2022 Nigerian banks can absorb up to $6 billion of credit losses without breaching minimum regulatory requirements for…