Tags Cbn

Tag: cbn

Petrol ex-depot price rises to N237/ltr 

Despite several government interventions to stabilise the price of petrol price in the country, findings have shown that the ex-depot price of...

SVB: CBN urges African regulators to avoid bank failure

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has urged the governors of Central Banks and other African financial...

New naira pains persist despite fresh CBN orders

Barely three days after the Central Bank of Nigeria declared old N1,000, N500 and N200 notes as legal tender, Deposit Money Banks...

Economic activities slowed in December 

The economy remained subdued in December as the Purchasing Manager’s Index was below 50.0 index points, according to the Central Bank of...

Naira gains further at investors, exporters’ window

The naira gained further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window.

Crude oil sales rise by 46% to N21tn – NBS

Nigeria’s crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This...

Oil price drops further over US rate hike

Oil prices fell on Wednesday as fears that more aggressive U.S. interest rate hikes would pressure economic growth and oil demand outweighed...

FirstBank appoints Seyi Oyefeso as executive director

FirstBank has announced the appointment of Oluseyi Oyefeso as Executive Director, Retail Banking South, with effect from March 2, 2023.

Investment firm buys stake in NGX

A substantial shareholder of the Nigerian Exchange Group, Miri Strategic Emerging Markets Fund LP, has bought over N38m shares of the Group.

Banks’ credit to govt rises by N11tn – Report

Banks credit to the government rose by N11.75tn in one year, figures obtained from the Central Bank of Nigeria have revealed.

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