Nigeria Posts $6.83bn Balance Of Payments, First Surplus In 3 Years
Nigeria posted a Balance of Payments (BoP) surplus of $6.83 billion in 2024, the country’s first in three years, marking ...
Tag: Central Bank of Nigeria (CBN)
Nigeria Posted $6.83bn Balance Of Payment Surplus In 2024 — CBN
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 ...
CBN Eyes 95% Financial Inclusion
As of March 2024, the financial inclusion rate in Nigeria is targeted to reach 95% by the end of the ...
Court Sentences Popular Kano TikToker To 6-Month Jail Term For Naira Abuse
A Federal High Court sitting in Kano has sentenced a popular TikTok content creator, Abdullahi Musa Huseini, popularly known as ...
CBN Injects $197.71m Forex To Cushion Global Shock Impact
Central Bank of Nigeria (CBN) on Friday injected $197.71 million into the foreign exchange market to Authorised Dealers, as part ...
CBN Records $23.11bn Net Forex Reserve, Highest In 3 Years
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as ...
Forex Inflow Rises To $17bn As Economy Expands In Q4
Nigeria’s net foreign exchange inflow surged to $17.39 billion in the fourth quarter of 2024, driven by strong autonomous inflows ...
CBN Reviews Pre-shipment Inspection Agents’ Allocation Terminals
The Central Bank of Nigeria (CBN) has undertaken a comprehensive review of the allocation of terminals to Pre-Shipment Inspection Agents ...
Cardoso Champions Gender Equity With Record Female Senior Appointments
In a significant milestone for Nigeria’s banking sector, women now constitute 35% of the Central Bank of Nigeria’s (CBN) directors ...
Senate Confirms Ayogu As Member Of CBN Board Of Directors
The Nigerian Senate has confirmed Professor Melvin Ayogu's appointment to the Central Bank of Nigeria (CBN) Board of Directors. The ...
