Tag: Central Bank of Nigeria
FX Watch| Naira ends week 28.7% down to N663.04/US$ at the...
SAT, JUNE 17 2023-theGBJournal |Nigeria’s FX reserves remained pressured this week, declining by US$194 million w/w to US$34.62 billion (15 June).
Likewise, the naira depreciated...
Quick Take| Why the CBN must move to clear FX backlogs...
SAT, JUNE 17 2023-theGBJournal |On 14 June, the Central Bank of Nigeria (CBN) announced the abolishment of its multiple FX windows, collapsing all the...
President Tinubu and issues on monetary policy
By Arize Nwobu
FRI, JUNE 16 2023-theGBJournal |In his inauguration speech, President Bola Ahmed Tinubu touched on the monetary policy and indicated his preference for...
Central Bank of Nigeria announces sweeping operational changes to the foreign...
WED, JUNE 14 2023-theGBJournal |The Central bank of Nigeria (CBN) today announced sweeping operational changes to the foreign exchange market, in what is generally...
CPPE hails the unification of Naira exchange rate, expects a depreciation...
WED, JUNE 14 2023-theGBJournal |The Centre for the Promotion of Private Enterprise say they welcome the bold step taken by the President Bola...
DSS responds to speculations, says ”Currently, Emefiele is not with the...
SAT, JUNE 10 2023-theGBJournal |The Department of State Services (DSS) has denied reports the sacked Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is...
FX Watch | Naira plunges by 1.7% against the dollar and...
SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...
Inflows into the Investors & Exporters Window jumps by 46.8% m/m...
SAT, JUNE 10 2023-theGBJournal |Total inflows into the Investors & Exporters Window (IEW) increased by 46.8% m/m to US$1.14 billion in May 2023, relative...
Central Bank Governor, Godwin Emefiele fired and in DSS custody
SAT, JUNE 10 2023-theGBJournal |President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect.
''This is...
Outspan Nigeria promotes sustainable dairy farming practices to mark World Milk...
SAT, JUNE 03 2023-theGBJournal | To commemorate this year’s World Milk Day (WMD), Outspan Nigeria Limited, a subsidiary of olam food ingredients (ofi), convened...