External debt servicing hits $2.78bn – CBN
Nigeria's debt servicing for the first seven months of 2024 surged by 53.63% to $2.78 billion, ...
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Tag: CBN
Nigeria’s private sector loans hit 33.69% in one year – CBN
Nigeria's private sector saw a substantial boost in loans, with a notable 33.69 percent rise to ...
Read moreRemittance inflow hits $553m in July – CBN
The Central Bank of Nigeria has reported a remarkable surge in remittance inflows, which reached $553 ...
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Foreign investors boost Nigerian banks amid recapitalization – CBN
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, recently revealed that foreign investors ...
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CBN allocates $148m to dealers amid naira decline
The Central Bank of Nigeria has allocated $148 million to 29 authorized dealers in an effort ...
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Nigeria’s external reserves hits $36.89bn – CBN
Nigeria's external reserve has risen to $36.89 billion as of July 16, 2024, following the banks' ...
Read more![[ICYMI] CBN to sanction banks rejecting old dollar notes](https://punch-metro.s3.amazonaws.com/wp-content/uploads/2024/07/dollars-1-e1525858747703-350x250.jpg)
[ICYMI] CBN to sanction banks rejecting old dollar notes
The Central Bank of Nigeria has issued a warning that it will impose sanctions on banks ...
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Nigeria’s external reserves hit $34.07bn – CBN
The Central Bank of Nigeria reported that Nigeria’s external reserves hit a record high of $34.07 ...
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Nigeria spent $15.55bn on debt servicing from 2019 to 2024 – CBN
The Central Bank of Nigeria recently disclosed that the Federal Government spent a total of $15.55 ...
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CBN policies: Nigeria’s inflation rate declines for third consecutive month
Nigeria's monthly inflation rate has declined for the third month in a row, reflecting the success ...
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