Central Bank of Nigeria

Portfolio investments in Nigeria increased more than tenfold in Q1 2018 as FDI remained subdued

Portfolio investment (PI) inflows in Nigeria saw a 12-fold increase year-on-year (y-o-y) to $5.1 billion in Q1 2018, the highest…

Nigeria’s central bank directs banks to resolve USSD disputes in three days

The Central Bank of Nigeria (CBN) has directed all commercial banks to resolve disputes arising from the use of Unstructured…

Nigeria’s central bank injects another $210m into inter-bank forex market

The Central Bank of Nigeria (CBN) has made available the sum of $210 million to meet customers' requests in various…

How close is the bitcoin from becoming a legal tender?

Economic text book hold that a legal tender is a medium of payment recognized by a legal system to be…

Nigeria system liquidity levels to spur buy interest ahead of PMA

Nigeria system liquidity, which was bolstered by maturing open market operation (OMO) bills of N244.0 billion last week and the…

Nigeria’s inflation slows for 16th straight months to 11.61%

Nigeria's statistical agency, the National Bureau of Statistics, Wednesday announced that the annual inflation rate in Nigeria slowed further to…

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