Tag: Cbn
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Address the forex backlog to strengthen naira confidence, advises Lemo to the CBN
A former Deputy Governor of the Central Bank of Nigeria, Dr. Tunde Lemo, has cautioned against allowing the Nigerian naira to float freely.
He expressed...
The Federal Government allocated N912.32 billion for servicing its loan from the Central Bank of Nigeria over the span of three months
The Federal Government, as per the Q1, 2023 Budget Implementation Report from the Budget Office of the Federation, incurred a substantial interest payment of...
The Senate declines the CBN loans for the N100 billion CNG buses and cautions Tinubu against unauthorized expenditures
On Tuesday, the Senate issued a stern warning to President Bola Tinubu regarding his potential illegal spending and strongly advised him to consider requesting...
The Central Bank of Nigeria (CBN) plans to utilize a $3 billion loan to foster economic stability, as disclosed during the meeting of the...
During the 136th NEC meeting held at the Aso Rock Presidential Villa, Abuja, on Thursday, the National Economic Council confirmed that the $3 billion...
The amount of currency in circulation has surged to N2.7 trillion, as indicated in the CBN report
The amount of currency in circulation in Nigeria surged by N1.7 trillion as a result of increased cash transactions.
According to data from the Central...
