CBN defaults on payment of $10bn debt to banks as dollar nears N1,000
Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has
Category : Finance
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Nigeria’s external debt rises to N13tn on weak naira
Nigeria’s weak naira has pushed the country’s external debt up by N13.38tn; findings by The PUNCH have shown. Although the total external debt increased by
UNGA 78: Nigeria, others approve declaration on ending TB by 2030
UNGA 78: Nigeria, others approve declaration on ending TB by 2030 Nigeria, some UN Member States, civil society representatives and other stakeholders have approved a
Cardoso, acting deputies assume office pending confirmation
Cardoso, acting deputies assume office pending confirmation The nominee for the position of governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has
UNGA 78: Tinubu harps on sustainable environment for investment in Africa
UNGA 78: Tinubu harps on sustainable environment for investment in Africa President Bola Tinubu has emphasised the importance of creating sustainable environment for investment
AMCON, CBN await Arik’s strategy to resolving N200bn debt
The Asset Management Corporation of Nigeria (AMCON), the Central Bank of Nigeria and the Ministry of Finance, are awaiting a convincing resolution strategy from Arik
