Tags Nigeria economy
Tag: nigeria economy
Currency in circulation now N982bn – CBN
The currency in circulation in the country dipped by a 235.03 per cent to N982.09bn at the end of February from N3.29tn at...
Inflation rises to 21.9%, private sector blames naira crisis
Headline inflation rose to 21.91 per cent in February amid a naira redesign policy that was meant to mop up cash and...
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...
Nigeria inflation rises to 21.91%
Nigeria inflation rate has risen to 21.91%, compared to January 2023 inflation rate which was 21.82%.
The percentage represents...
FG generates N631.09bn tax from IT sector, says NBS
Consumers and firms operating in the Information and Communication space paid N631.09bn as tax in 2022, data from the National Bureau of...
BREAKING: CBN directs banks to receive, dispense old naira notes
The Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country.
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.
