Naira scarcity: CBN debunks reports that it plans to shut down some banks
The Central Bank of Nigeria (CBN) has debunked reports alleging that it threatened to shut down some deposit money banks ...
Tag: Central Bank of Nigeria (CBN)
CBN pays exporters N42billion for repatriating $1.3billion
The Central Bank of Nigeria (CBN) paid exporters N42 billion for repatriating $1.28 billion through its official window. The Managing ...
Nigeria’s Excess Crude Account drops from $35.7 million to $376k
Nigeria’s Excess Crude Account (ECA) balance has dropped significantly from the $35.7 million as of June 2022 to $376,655.09 as ...
Nigerians spent $221m on foreign education in three months – CBN
Nigerians spent not less than $220.86 million on foreign education between December 2021 and February 2022, figures from the Central ...