Tag: CBN

Inflation Falls to 14.63%: Why Your Market Bill Still Bites

Nigeria's inflation eased to 14.63% in September from 15.39%, NBS says. Food…

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Nigeria’s Foreign Reserves Hit 17-Year High: What This Means for the Naira, Prices and Ordinary Nigerians

Nigeria has recorded a major economic milestone as the country’s external reserves…

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Things to consider before buying bank shares

26 Nigerian banks are focusing on capital markets and investment platforms to…

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The Naira dropped to N1,565/$ on the parallel market.

According to data released by the Central Bank of Nigeria (CBN), the…

377 Views

CBN: The exit package is not intended for Northerners.

Muhammad Abdullahi, the Bank's Deputy Governor on Economic Policy, reaffirmed this yesterday…

364 Views

Payment service providers are instructed by CBN to start tracking PoS transactions.

Additionally, it set a 30-day deadline for service providers to adhere to…

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74% of respondents anticipated a July CBN rate drop.

The benchmark rate was increased by 50 basis points to 26.75 percent…

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Remittance inflows to CBN reach a record $553 million in July.

The CBN recorded a considerable increase in remittance inflows, reaching $553 million…

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Nigeria experiences its first inflation decline since 2022.

The nation's inflation rate has not decreased since December 2022, when it…

283 Views

Capitalization: To increase their capital base, banks hire employees.

According to insider sources at commercial banks who spoke with our correspondent…

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