The Monetary Policy Committee (MPC) reports that the Central Bank of Nigeria (CBN) increased its benchmark…
Monthly Archives
February 2024
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Business And Money
Binance Nigeria transactions are worth $26 billion in one year-CBN
by samsunblogby samsunblogOlayemi Cardoso, the governor of Central Bank of Nigeria (CBN), has disclosed that $26 billion passed…
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Business And Money
International investors halt fresh capital into Nigeria
by samsunblogby samsunblogUntill the Nigerian naira stabilizes, international investors are delaying making fresh capital investments into the economy…
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Business And Money
Nigeria limits access to Coinbase and Binance platforms
by samsunblogby samsunblogMonths after its Central Bank released guidelines to regulate the activities of digital asset providers, Nigeria…
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Business And Money
Foreign Exchange crisis: Nigerian govt set to inject $10bn
by samsunblogby samsunblogThe federal government of Nigeria has declared its intention to raise a maximum of $10 billion…
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Business And Money
Nigerian Breweries reports net loss as economy bites harder
by samsunblogby samsunblogThe biggest brewer in Nigeria, Nigerian Breweries Plc (NB), announced a N106 billion ($235 million) net…
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Three African nations are also facing are also having comparable problems, adding to the historic foreign…
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Business And Money
Nigerian Naira on the fall again after CBN intervention
by samsunblogby samsunblogThurday saw a record low of the Nigerian Naira of N1,600/$1 as a result of shortages…
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Business And Money
Central Bank of Nigeria gets involved in sales of dollars
by samsunblogby samsunblogFor the first time since September, the Central Bank of Nigeria sold up to $86 million…
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Business And Money
Businesses in Nigeria are closing down as uncertainty rises
by samsunblogby samsunblogBusinesses in Nigeria are going through hard times in the Nigerian economy due to second wave…
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