Exclusive articles:
CBN Reports Net FX Inflows of Up to $25.4 Billion in Six Months
Between January and June, net foreign exchange inflows increased by 55% year on year to $25.4 billion, according to the Central Bank of Nigeria...
Nigeria Reports a 55% Rise in Net Foreign Exchange Flows to $25.4 Billion in the First Half of 2024
The Central Bank of Nigeria (CBN) has stated that net foreign exchange flows increased to $25.4 billion between January and June, a 55% year-over-year...
CBN Intervenes with a Retail Dollar Auction to Preserve the Naira
The Central Bank of Nigeria (CBN) hopes to stem the naira's downward spiral by selling dollars at a retail auction today, Wednesday 7th August...
CBN Infuses N700 Billion into the Merger of Providus Bank and Unity Bank
According to a document obtained by THE NEWS CHRONICLES, Nigeria's Central Bank has authorized a financial package of N700 billion to assist the proposed...
MTN, Airtel Cut their Foreign Exchange Debt by $867 Million
Despite resilient revenue growth, telecommunication companies are cutting back on their foreign exchange exposure as the sharp drop in the naira continues to result...
