Nigeria’s naira shows stability trading between N1,476 and N1,485 against the dollar due to low dollar demand.
Central Bank of Nigeria
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The Central Bank of Nigeria (CBN) has launched a collaborative workshop with the West African Institute for Financial and Economic Management (WAIFEM) to improve project management skills across the region. The program focuses on effective monitoring and evaluation practices.
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Nigeria’s naira hits N1,600 against the dollar, highlighting the ongoing economic challenges under President Tinubu’s leadership.
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In a surprising move that has sent shockwaves through Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has dismissed the boards of four major banks. The banks affected are…
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Banks in Nigeria have witnessed a significant surge in their borrowings from the Central Bank of Nigeria (CBN), particularly from the Standing Lending Facility (SLF). According to the latest data,…
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The National Association of Seadogs, also recognized as Pyrates Confraternity, advocates for the establishment of state police to address rising insecurity across the nation. Additionally, they have highlighted the need…
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Business
Nigeria’s Central Bank Sees Hopeful Turn with Cardoso’s Appointment Amidst Exchange Rate Crisis
In a move that has garnered widespread acclaim, President Bola Tinubu announced the appointment of Olayemi Cardoso as the new governor of the Central Bank of Nigeria (CBN) on Friday.…
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Business
Meet the new CBN governor and his deputies: A team of experts with over 130 years of experience
President Tinubu has nominated Olayemi Cardoso as the new CBN governor.
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In a recent report, the National Bureau of Statistics (NBS) disclosed that Nigeria’s inflation rate surged to 25.80% in August 2023, marking a 1.72% increase from the previous month’s figure…