Date from the Central Bank of Nigeria has shown that the apex bank injected $11.24 billion into the economy to stabilise the value of the naira from January 2022 to July. This was contained in the banking Read More
Tags :Naira
Figures obtained from the Central Bank of Nigeria’s January monthly report on ‘Foreign Exchange Market Developments’ showed that $1.71bn and $1.65bn were injected in December 2021 and January 2022 respectively. This is part of efforts to Read More
The Central Bank of Nigeria has said that the currency in circulation in the country rose by N129bn to N2.97tn in October from N2.84tn in September 2021. Currency in circulation is defined Read More
The Central Bank of Nigeria has spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in 2020. This was contained in the bank’s 2020 Currency Report indicating a decrease in Read More
The Central Bank Of Nigeria has agreed on a currency minting deal with the Central Bank of Gambia. CBN Governor, Mr Godwin Emefiele, agreed to the currency minting proposal from the Governor of the Central Read More
According to the Central Bank of Nigeria (CBN), Nigeria’s currency, the Naira, fell by nearly a fifth of its value on the official exchange rate window, in the five months between March and August Read More
