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Tag: of Central Bank of Nigeria (CBN)

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CBN Lifts Forex Prohibition On Cement, Rice Imports, 41 Other Goods

By Ken Afor The foreign exchange restrictions on the importation of 43 goods imposed by the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele,...
Headline

Nigeria’s External Reserves Dip By $841m In 3 Months – CBN Report

By Louis Achi  Data from the Central Bank of Nigeria (CBN) has revealed that the country's foreign reserves fell by $841.75 million between July and...
Opinion

The Inevitability of Increasing Nigerian Banks Capital Base, By Sonny Iroche

The recent sharp devaluation of the Naira, the harmonization of the multiple exchange rates and the removal of the fuel subsidy have had a...
News

Amid Capacity Challenge, AFREXIMBank Shops For Funds In US, Singapore, India, Others To Fulfil $3bn Loan Agreement With Nigeria’s NNPCL

By Louis Achi  The AFREXIMBank is struggling to raise the $3 billion loan it agreed to provide to the Nigerian National Petroleum Company Ltd in...
News

Borrowings From Banks Increased By 79 Percent To N269.6bn

By Ken Afor At the end of September 2023, bank borrowings from the Central Bank of Nigeria (CBN) Standing Lending Facility (SLF) increased year over...
News

CBN: Applause As Oshiomhole Interrogates Cardoso, Deputies’ Capacities on Monetary Policy

By Ken Afor Nigerian Senator, Adams Oshiomole, has questioned the level of capacity of the acting Governor of the Central Bank of Nigeria (CBN), Yemi...
Opinion

Appointment of Yemi Cardoso As The Governor of The Central Bank of Nigeria By President Bola Tinubu, By Sonny Iroche

The appointment of a qualified and competent individual as the Governor of a Central Bank is very crucial for the stability and growth of...
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