Economy

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CBN Discovers $2.4bn in Invalid Forex Claims from $7bn Backlog-Cardoso

  The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that a recent audit has uncovered $2.4 billion in invalid foreign...

CIBN Proposes Measures to Enhance Nigeria’s Capital Market

  The Chartered Institute of Bankers of Nigeria (CIBN) has put forward several recommendations to deepen the country's capital market, including the promotion of alternative...

Central Bank of Nigeria’s Measures Boost Dollar Supply, Aims to Stabilize Foreign Exchange Rate Amidst Crisis

Nigeria's foreign exchange market witnessed a significant surge in dollar supply, as the Central Bank of Nigeria (CBN) implemented measures to address the current...

Central Bank of Nigeria’s Reforms Foster Transparent and Accessible Foreign Exchange Market

The Central Bank of Nigeria (CBN) under the leadership of Governor Yemi Cardoso has implemented a series of reforms to address forex issues and...

Federal Government Unveils New Savings Bonds with Attractive Rates

  The Federal Government of Nigeria has introduced a fresh series of savings bonds, offering investors a secure and lucrative avenue for their investments. The...
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