23.6 C
Nigeria
Saturday, December 16, 2017
World economy remain stronger – IMF

World economy remain stronger – IMF

Ahead of world’s finance chiefs meeting in Washington DC, United States, the International Monetary Fund (IMF) on Tuesday said that the world’s economy so...
IMF expresses concern over Nigeria’s fragile economic growth

IMF expresses concern over Nigeria’s fragile economic growth

…predicts 0.8% growth in 2017   The International Monetary Fund (IMF) on Tuesday said Nigeria’s economic growth currently at 0.55 per cent (year-on-year) would remain fragile...
4 Nigerian sectors get $285.7m Forex injection

How CBN lifted Naira with $3.47bn in Q3 2017

As part of its continued effort in stabilizing and ensuring liquidity in the official foreign exchange market, the Central Bank of Nigeria (CBN) has...
Banks caution Nigerians against fraud, emergence of new MMM

Banks caution Nigerians against fraud, emergence of new MMM

As 2017 calendar year winding to an end, Deposit Money Banks (DMBs) operating in the country have warned Nigerians to be wary of fraud...
Naira appreciated by 30.3% against dollar in 10 months

NAFEX declares $1.2bn turnover in one week, as Naira gains

The Nigeria Autonomous Foreign Exchange (NAFEX) window has recorded an improving turnover of $1.172 billion in just four trading days, even as the local...
External reserves gains as CBN lifted FX market with $698.5m

External reserves gains as CBN lifted FX market with $698.5m

Against apprehension that the continuous intervention in the foreign exchange market by the Central Bank of Nigeria (CBN) may be hurting the nation’s the...
Naira extends gain at official forex market, others

Naira extends gain at official forex market, others

The Nigerian currency, Naira, on Thursday extended its gains at the Nigerian interbank foreign exchange market and the parallel segment, as the Central Bank...
CBN, banks to blacklist exporters for non-repatriation of dollar earnings

CBN, banks to blacklist exporters for non-repatriation of dollar earnings

The Bankers Committee comprising the Central Bank of Nigeria (CBN) and Chief Executive Officers of commercial banks operating in the country on Thursday agreed...
CBN slams Nigeria media over report on Deputy Governor

CBN slams Nigeria media over report on Deputy Governor

  The Central Bank of Nigeria (CBN) has faulted a newspaper report alleging that one of its Deputy Governors was arrested and made to forfeit...
CBN tightens liquidity through sales of N98bn worth Treasury Bills

JUST IN: CBN gets new deputy governor, MPC members

President Muhammadu Buhari has presented Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). Mrs. Ahmad, is...