CBN Warns of FAAC Disbursements’ Impact on Exchange Rate
The Central Bank of Nigeria (CBN) has raised the alarm over a direct link between the monthly disbursements from the Federation Account Allocation Committee (FAAC) and the volatility of the…
The Central Bank of Nigeria (CBN) has raised the alarm over a direct link between the monthly disbursements from the Federation Account Allocation Committee (FAAC) and the volatility of the…
In a significant development, Nigerian banks and discount houses have borrowed a substantial N3tn from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) within a single…
In a bid to combat rising inflation and foster a more attractive environment for foreign investors, the Central Bank of Nigeria’s (CBN) announced a 50 basis point hike in the…