Nigeria’s External Reserve Loses $1.37 Billion In Six Months Despite Elevated Crude Oil Prices
Nigeria’s external reserves ended the month of June 2022 at $39.16 billion, dropping by $1.37 billion from the $40.52 billion ...
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Tag: Central Bank of Nigeria
Respite for Naira as Nigeria’s foreign reserve gains $40 million in one week
Nigeria’s foreign reserve recorded a rare upward trend in the past week, gaining $39.9 million to stand at $38.52 billion ...
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Naira crashes to N605/$1 at the black market as inflation bites hard on Nigerians
Nigeria’s local currency depreciated massively against the US dollar in the past week, closing at a record high of N605 ...
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Exchange rate quagmire continues as NBS prepares to release inflation figures
The Nigerian stock market ran bullish in the previous week, as the benchmark index, ASI recorded its biggest weekly gain ...
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100 for 100 PPP: Check your Eligibility, Loan Requirements
The 100 for 100 Policy on Production and Productivity project aims to increase the flow of money and investments to ...
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IMF To CBN: eNaira May Lead to Money-laundering
The International Monetary Fund (IMF) said that the CBDC is exposed to cyber security risks, unforeseen legal issues and financial ...
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CBN Plans To Increase Credit To Agricultural Sector
Central Bank of Nigeria (CBN) boss, Mr. Godwin Emefiele, has announced plans to increase credit to the agricultural sector. At ...
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NIRSAL Microfinance Bank Requests Payback of COVID-19 Loans Secured by Many Nigerian Entrepreneurs
The NIRSAL Microfinance Bank has requested for the payback of COVID-19 loans secured by entrepreneurs across Nigeria through the Central ...
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100 for 100 Policy: Required Documents And How To Apply
The Central Bank of Nigeria (CBN) on November 1, 2021, started the 100 for 100 Policy on Production and Productivity ...
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7 Sources Of Funding For Young Entrepreneurs In Nigeria
Funds are needed in every stage of entrepreneurship and in any scale of business, whether small or large scale. There ...
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