The Central Bank of Nigeria (CBN) has revealed a significant increase in foreign exchange (FX) market activity. According to data Read more…
Tag: CBN
The three tiers of Nigerian government, the Federal Government, States, and Local Government Councils (LGAs), shared a total of N1.35 Read more…
The Central Bank of Nigeria (CBN) has announced a significant increase in credit extended by Nigerian banks to the private Read more…
Nigeria’s inflation rate climbed to a staggering 34.19% in June 2024, according to the latest Consumer Price Index (CPI) report Read more…
Nigeria’s foreign reserves have climbed above the $35 billion mark for the first time since early in the current administration, Read more…
In a move aimed at curbing the nation’s rising food prices, the Nigerian Federal Government (FG) has announced its projection Read more…
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has hinted at a possible slowdown in the bank’s aggressive interest Read more…
Nigeria’s crypto sector is facing a wave of taxation, with KuCoin, a major cryptocurrency exchange, announcing a 7.5% Value-Added Tax Read more…
Nigeria’s ongoing foreign exchange crisis appears to be taking a toll on its import sector, with a significant drop in Read more…
The Central Bank of Nigeria’s (CBN) decision to discontinue its Price Verification System (PVS) portal for importers, effective July 1st, Read more…
