Nigeria’s economy on right tract, says CBN
Dr Hassan Mahmud, Director, Monetary Policy Department of the Central Bank of Nigeria (CBN) said there were positive sides to Nigeria’s economic growth, despite uncertainties
Tag : CBN
Nigeria’s inflation will drop to single digit in 2022 – CBN
The Central Bank of Nigeria has said it sees the country’s inflation rate dropping to single digit next year, with the full implementation of its
FG, CBN move to boost gas utilisation with N250b
NLC says slight product price adjustment won’t improve electricity supply Issues Dec deadline for N15 energy tariff reduction The Federal Government and the Central Bank
Banks refunded over N89bn to customers in June – CBN
The Gov. of Central Bank of Nigeria (CBN), Dr Godwin Emefiele, on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria
Economy shrank in May amid low purchasing power – CBN
The Purchasing Managers Index revealed that the Nigerian economy contracted in May, according to data obtained from the Central Bank of Nigeria on Thursday. The
Only Dangote, BUA, Golden can import sugar, says CBN
The Central Bank on Nigeria has restricted the importation of sugar into the country to three companies: BUA Sugar Refinery Ltd, Dangote Sugar Refinery Plc,
External reserves slide further, lost $905.5m in June – CBN
The country’s external reserves maintained a downward trend as it lost $905.5m in June, figures obtained from the Central Bank of Nigeria showed on Thursday.
World Bank, CBN fully funding six million meters – FG
The World Bank and the Central Bank of Nigeria are fully providing funds for the estimated six million electricity meters required to close the metering
External reserves dropped by $640m in May – CBN
The country’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28. Figures obtained from the Central
Bank deposits rose by N6.95tn in one year – CBN
Bank deposits rose by N6.95tn between February 2019 and February 2020, the Central Bank of Nigeria said. The CBN disclosed this in its report on
