Tag : CBN report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up efforts

The economy remained subdued in December as the Purchasing Manager’s Index was below 50.0 index points, according to the Central Bank of Nigeria. The CBN

An analysis of data obtained from the Central Bank of Nigeria showed that Nigerians spent at least $220.86 million on foreign education between December 2021

The country’s total direct remittances dropped by $119.4m to $130.12m as of January 2022 from $249.52m as of December 2021, figures obtained from the Central

Nigerians  spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central Bank of Nigeria data. According

Between January and December 2021, the Nigerian banking sector’s credit to the private sector rose by N5.1tn or 16.67 per cent, according to data obtained

The nation’s economic growth slowed in October as the Manufacturing Purchasing Managers’ Index rose slightly but remained below the 50-index point benchmark. The Central Bank

The manufacturing sector recorded marginal growth as the Purchasing Managers’ Index rose to 49.0 index points in April from 48.8 index points in March. The

Bank credit grew by N290bn in six weeks, says apex bank Businesses lament, knock govt over poor inflation management Barely five days to the end

Consumers’ confidence in the economy dropped in the third quarter of the year, according to a survey by the Central Bank of Nigeria. The statistics