· Association says no speculator or street hawker will be allowed to perpetuate illegal exchange rate practices Charles Abuede

Remittances remain significantly below 10-year historical average of $5.3bn  Experts anticipate CBN sustains policy stance in 2021 to

BY: Moses olajuwon Obajemu The Central Bank of Nigeria (CBN) will resume the sale of foreign exchange (dollar) to bureau de change

BY: Moses olajuwon Obajemu   The Central Bank of Nigeria could not give full details of the withdrawal of the sum of $11 billion

There is no respite for the naira as the country’s foreign reserves shed $673.13m, plunging from $36.57bn on June 1 to $35.89bn on

  Charles Abuede Central Bank of Nigeria’s (CBN’s) July manufacturing Purchasing Managers’ Index, an economic measure of the

By Omobayo Azeez The Central Bank of Nigeria (CBN) has approved N50 billion intervention fund for the revamping of Nigerian textile

Banking industry gross loans and advances increased by N3.33 billion to N18.9 trillion. Only 41 per cent has been restructured by the

By Charles Abuede The Central Bank of Nigeria (CBN) has directed financial institutions in Nigeria to begin the process leading to

As the coronavirus outbreak creates shockwaves across the globe, central banks and governments are enforcing emergency measures to