Nigeria: 8 Years After, CBN Opens Forex Border to 43 Banned Items
he Central Bank of Nigeria (CBN) has decided to remove restrictions on 43 food and non-food items from accessing foreign ...
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Tag: CBN Nigeria
Nigeria: NNPC Obtains a $3 billion Loan for Foreign Exchange Stabilization
The biggest economy in Africa, Nigeria has been trying to increase its reserves and stop the decline of its currency, ...
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Nigeria’s Credit Rating Could Be Hurt By U.S.$7.5 Billion Loan
The Central Bank of Nigeria (CBN) has borrowed U.S.$7.5 billion from U.S. banks JP Morgan and Goldman Sachs by pledging ...
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Nigeria: Supreme Court Extends Old Naira Notes Validity Till December
The Supreme Court has extended the validity of the N200, N500, and N1,000 Naira notes till 31 December.A seven-member panel of the ...
Read moreDetailsNigeria: Aso Rock Extends Use of Old Naira Notes Amid Cash Crisis
President Muhammadu Buhari has directed the country's central bank to release the old 200 naira banknotes back into circulation and ...
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Nigeria: Naira Crisis, Supreme Court Suspends Ban on Old Notes
The Supreme Court's decision comes after a legal challenge initiated by the northern states of Kaduna, Kogi and Zamfara earlier ...
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Nigeria: Scarcity of Fuel & The New Naira Notes Plaguing Nigerians
A conjunction of crises weigh on Nigerians ahead of February 25th Presidential Elections, notably fuel scarcity, unfathomable for a major ...
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Nigeria: CBN Stops Dollar Charges On Domestic Card Transactions
Gorvernor of the Central Bank Of Nigeria, Godwin Emefiele has revealed all transactions on existing local bank cards must, therefore, ...
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