Tag: CBN

Nigeria Achieves $6.83 Billion Balance of Payments Surplus

The Central Bank of Nigeria (CBN) has announced a substantial economic recovery…

Oluwadara Akingbohungbe

Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports

The Central Bank of Nigeria (CBN) has announced that personal remittances into…

Genesis Obong

Nigeria’s Economic Turnaround: $6.83 Billion Surplus Signals Reform Success

Nigeria's financial landscape has experienced a significant shift, with the nation recording…

Genesis Obong

Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs

The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…

Genesis Obong

Nigeria Eurobonds Plummet Amid Trump’s Tariffs, Yet J.P. Morgan Sees OMO Bills as “Top Trade”

Nigeria Eurobonds have experienced a significant downturn, with yields surging to a…

Genesis Obong

Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems

Nigeria has approached the World Bank for a $10.5 million loan. This…

Genesis Obong

Central Bank of Nigeria Dismisses False Report of New Banknotes

The Central Bank of Nigeria (CBN) has firmly refuted a report circulating…

Oluwadara Akingbohungbe

Foreign Reserves Surge to Three-Year High, CBN Reports

Nigeria's net foreign exchange reserves (NFER) have reached a significant milestone, climbing…

Genesis Obong