Reps panel recovers N521m unremitted VAT from CBN
The House of Representatives Public Accounts Committee (PAC) has recovered N521.8 million in unremitted Value Added Tax (VAT) from the ...
Tag: CBN
CBN retains interest rate at 26.5 %
… says reforms stabilising economy The Central Bank of Nigeria (CBN) on Wednesday disclosed that the Monetary Policy Committee (MPC) ...
Naira rally cools as liquidity tightens, reserves slip
The naira came under mild pressure last week in the official foreign exchange market as slowing liquidity and a steady ...
FX Market Stronger Despite $1.37bn Reserve Dip, Cardoso Assures
. Says Nigeria’s reserves remain above IMF safety threshold ...Targets $1bn monthly diaspora inflows as FX liquidity improves Governor of ...
CBN concludes recapitalisation with ₦4.65 trillion raised
..Majority Funded by Nigerian Investors The Central Bank of Nigeria on Wednesday announced the successful conclusion of its 24-month banking ...
Naira gains across FX markets as remittance rule boosts liquidity
The naira on Thursday appreciated across foreign exchange (FX) market segments as liquidity improved following a new directive by the ...
No more dollar payments as CBN directs IMTOs to open naira settlement accounts
The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement accounts and ...
Petrol import bill dropped by 28% to $10bn in 2025- CBN
Nigeria’s petrol import bill dropped to $10 billion in 2025, according to Central Bank of Nigeria (CBN) data. In its ...
Naira rebounds to 1,376.19/$ as CBN resumes dollar sales
…External reserves hit $50.01bn on CBN website The naira has rebounded to N1,376.19 per dollar after depreciating for 15 consecutive ...
Nigeria’s gold reserves now $3.5bn, says CBN
The Central Bank of Nigeria (CBN) says its gold reserves have increased to $3.5 billion, following the delivery of “responsibly ...