Tag: CBN

Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs

The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…

Genesis Obong

Nigeria Eurobonds Plummet Amid Trump’s Tariffs, Yet J.P. Morgan Sees OMO Bills as “Top Trade”

Nigeria Eurobonds have experienced a significant downturn, with yields surging to a…

Genesis Obong

Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems

Nigeria has approached the World Bank for a $10.5 million loan. This…

Genesis Obong

Central Bank of Nigeria Dismisses False Report of New Banknotes

The Central Bank of Nigeria (CBN) has firmly refuted a report circulating…

Oluwadara Akingbohungbe

Foreign Reserves Surge to Three-Year High, CBN Reports

Nigeria's net foreign exchange reserves (NFER) have reached a significant milestone, climbing…

Genesis Obong

Personal Loan Surge: N470 Billion Borrowed in Q4 2024 Amid Inflation

The Central Bank of Nigeria's (CBN) latest economic report reveals a significant…

Genesis Obong

Dollar to Naira CBN Exchange Rate: $1 (USD) to ₦1 (NGN) Today

The Dollar to Naira exchange rate is a critical economic indicator that…

Yusuf Abubakar

Nigeria’s Power Sector: Q4 2024 Sees Annual Decline Amidst Economic Growth

Despite a broad-based economic expansion witnessed across Nigeria in the fourth quarter…

Genesis Obong