Saturday, November 23, 2024

Tag: CBN

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Hardship: Two-thirds of Nigerian families go hungry, says govt report

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Nearly two-thirds of Nigerian households are going hungry and...

Africa needs $2.7 trillion by 2030 to combat climate change

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Africa currently requires approximately $2.7 trillion by 2030, an...

U.S. says Google must sell Chrome browser to break search engine monopoly

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The U.S. Department of Justice (DOJ) has demanded Google...

Nigeria ranks 7th globally for international students in U.S.

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Nigerian student enrollment at U.S. colleges and universities rose...

Street-trading of dollars banned as CBN resumes sales to BDCs

Economy Plu Team Plu Team -
The Central Bank of Nigeria has restarted dollar sales to exchange bureaus, reversing it decision to end sales in 2021 to combat graft and...

CBN announces huge interest rate hike in response to naira crisis

Economy Plu Team Plu Team -
The Central Bank of Nigeria (CBN) has announced a significant 400 basis point increase in its benchmark interest rate, raising it from 18.75% to...

Dollar: Former statistician-general Yale faults CBN’s demand control moves

Economy Plu Team Plu Team -
Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach to stabilizing the naira by moderating dollar demand. Mr Kale said...

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Media Olawale Afolabi Olawale Afolabi -
Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the Central Bank of Nigeria (CBN) planned to convert $30 billion...

Forex backlog audit reveals irregularities of $2.4 billion, says CBN

Economy Plu Team Plu Team -
The Central Bank of Nigeria (CBN) disclosed on Monday that a forensic audit of the $7 billion overdue foreign exchange transactions, which the bank...
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Africa needs $2.7 trillion by 2030 to combat climate change

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U.S. says Google must sell Chrome browser to break search engine monopoly

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Nigeria ranks 7th globally for international students in U.S.

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Nigerian student enrollment at U.S. colleges and universities rose...

Russian fertilizer giant sees 41% rise in exports to Africa

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