Tag: CBN
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FG Reaffirms Crude Oil, Refined Products Sales in Naira Policy
The Federal Government has confirmed that its policy mandating the sale of crude oil and refined petroleum products in Naira remains in force and...
US tariff: CBN intervenes with $197.71m as oil prices drop
The Central Bank of Nigeria has intervened in the foreign exchange market with a provision of $197.71m to authorised dealers as a response to...
CBN Rejects Adeleke’s Nominee for Osun Bank Board Over Past Crisis
The Central Bank of Nigeria (CBN) has rejected Osun State Governor, Ademola Adeleke’s nomination of former Commissioner for Finance, Wale Bolorunduro, as a Director...
LG Autonomy: States Oppose Direct Federal Allocations via CBN
State governments across Nigeria are resisting efforts by the Federal Government to compel local governments to open accounts with the Central Bank of Nigeria...
Nigeria’s Debt Service Payments Drop by 49% in February – CBN
Nigeria’s total debt service payments fell significantly from $540 million in January 2025 to $276 million in February 2025, marking a substantial decline in...
