Central Bank of Nigeria Archives

‘Customs collected over N95b in August’

As External reserves shed $1bn in five weeks The Nigeria Customs Service (NCS) has collected N95.7 billion in August, its highest collection in the last 10...

Archives9 years ago

EFCC recovers N46b from oil marketers

As Nine banks’ return fails to lift up naira Oil marketers have refunded N46 billion in a probe of massive fraud in the sector, The Nation has learnt....

Archives9 years ago

Nigeria economy got $15.3bn, spent $6.6bn on import in 3 months

As Kwara uncovers 1,071 illegal employees in civil service The Central Bank of Nigeria has disclosed that total foreign exchange inflow into the economy in the...

Accidents9 years ago

Banks deploy N1.2trn to govt securities as pressure on exchange rate resumes

5 killed, 5 injured in Third Mainland Bridge accident Money market activities closed, weekend, with a record N1.2 trillion over subscription to the Nigerian Treasury Bills,...

Archives9 years ago

Minister Orders Aviation Agencies to Recover N40.08 Billion Debt From Airlines

As CBN orders bank workers to declare assets The Minister of State for Aviation, Senator Hadi Sirika has directed aviation agencies to recover the huge debts...

Archives9 years ago

Budget padding: Dogara shuns police invitation

As El-Rufai says FG may force CBN to reduce lending rate The Speaker of the House of Representatives, Yakubu Dogara, has shunned the invitation of the...

Archives9 years ago

Migrant crisis: 22 bodies found on Mediterranean boat – MSF

As Naira sinks to 375/dollar, economists seek policy change The bodies of 22 people have been found on a migrant dinghy in the Mediterranean, the aid...

Archives9 years ago

CBN sets aside N2.5bn for business-inclined corpers

As Banks halt mass sack as NLC suspends picketing The Central Bank of Nigeria said it has set aside N2.5bn for members of the National Youth Service...

Archives9 years ago

Naira falls to 351/dollar at black market

Buhari angry with CBN for Naira devaluation The naira fell to 351 to the United States dollar at the parallel market and slightly to 282 at...

Archives9 years ago

Naira crashes to 288/dollar at new official market

Presidency suspends tenure policy in federal civil service The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the...