Tag: CBN

Personal Loan Surge: N470 Billion Borrowed in Q4 2024 Amid Inflation

The Central Bank of Nigeria's (CBN) latest economic report reveals a significant…

Genesis Obong

Dollar to Naira CBN Exchange Rate: $1 (USD) to ₦1 (NGN) Today

The Dollar to Naira exchange rate is a critical economic indicator that…

Yusuf Abubakar

Nigeria’s Power Sector: Q4 2024 Sees Annual Decline Amidst Economic Growth

Despite a broad-based economic expansion witnessed across Nigeria in the fourth quarter…

Genesis Obong

CBN Overhauls Crude Oil Terminal Oversight: New Agent Allocations Announced

In a decisive move to bolster transparency and efficiency within Nigeria’s crucial…

Genesis Obong

Naira Climbs in Black Market, Official Rate Stable as FX Market Sees Liquidity Boost

The Nigerian naira experienced a notable divergence in its performance across the…

Genesis Obong

CBN Vows Crackdown as Naira Sees Minor Dip Amid Market Scrutiny

In a firm stance against market irregularities, Central Bank of Nigeria (CBN)…

Genesis Obong

CBN Vows to Purge FX Market, Anchor Economy on Stability

In a robust declaration, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso,…

Genesis Obong

Senate Confirms Prof. Melvin Ayogu as CBN Board Director

The Senate on Tuesday confirmed the appointment of Professor Melvin Damian Ayogu…

Oluwadara Akingbohungbe