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Nigeria’s Foreign Reserves Rose by 12.74% to $39.12 Billion in October- CBN

October 16, 2024 Toba Adesunmiboye 0

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso has said the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of […]

Senate Summons CBN Governor Over Naira’s Free Fall

January 31, 2024 Toba Adesunmiboye 0

The Senate on Wednesday summoned governor of the Central Bank of Nigeria, CBN, Mr Olayemi Cardoso over the free fall of the Naira and hyper […]

CBN Directs Banks To Issue, Accept Old, Redesigned Banknotes

November 29, 2023 Toba Adesunmiboye 0

The Central Bank of Nigeria (CBN) has directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, both old and […]

Fuel price may fall as petrol vessels arrives at port

November 19, 2023 Toba Adesunmiboye 0

The pump price of Premium Motor Spirit, popularly called petrol, may be reduced in filling stations operated by independent marketers this week, following the massive […]

Naira appreciates to N791/$1 in official market

November 18, 2023 Toba Adesunmiboye 0

The Naira has gained ground against the United States American dollar, closing at N791.75/$1 at the official market. According to data from the FMDQ Securities […]

Petrol price rose to N626.21 in September -NBS

October 21, 2023 Toba Adesunmiboye 0

National Bureau of Statistics has disclosed that the average retail price of a litre of petrol increased from N191.65 in September 2022 to N626.21 in […]

Nigeria’s Inflation Rate Spikes To 26.72% As Food Prices Soar

October 16, 2023 Toba Adesunmiboye 0

Nigeria’s inflation rate rose to 26.72% in September 2023 amid soaring food prices and harsh economic realities occasioned by the removal of fuel subsidy in […]

CBN lifts forex ban on 43 items

October 12, 2023 Toba Adesunmiboye 0

The Central Bank of Nigeria has lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform. Director, Corporate […]

Senate Confirms Appointment Of Yemi Cardoso as CBN Governor

September 26, 2023 Toba Adesunmiboye 0

The Senate has confirmed the appointment of Yemi Cardoso as the Central Bank of Nigeria (CBN) governor and four others as deputy governors of the […]

NCDP Meeting: Collaboration between FG, States will boost Nigeria’s economy – Adeleke

September 14, 2023 Toba Adesunmiboye 0

Osun State Governor, Ademola Adeleke has called for mutual collaboration of all sectors particularly the Federal and State Governments in Nigeria to develop the nation’s […]

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