Banks' borrowing from CBN to buy FX fuelling Naira pressure - Rewane
Banks have been borrowing from the Central Bank of Nigeria (CBN) to purchase foreign exchange (FX), a practice that has intensified pressure....
- Tuesday, July 14, 2026
BusinessDay
Banks have been borrowing from the Central Bank of Nigeria (CBN) to purchase foreign exchange (FX), a practice that has intensified pressure....
Banks have been borrowing from the Central Bank of Nigeria (CBN) to purchase foreign exchange (FX), a practice that has...
Nigeria’s external reserves have risen to a 17-month high of $37.05 billion in July 2024 in a development likely to...
Chapel Hill Denham has been named the best investment Bank in Nigeria at the 2024 Euromoney Awards for Excellence held...
The naira on Monday recorded gains over the dollar across official foreign exchange (FX) markets, following dollar sales to authorised...
The Monetary Policy Committee (MPC) will commence its fourth meeting of the year on Monday, with expectations of a further...
…Summer holiday drives demand surge as CBN injects $106.5m The Central Bank of Nigeria (CBN) on Friday said it sold...
The Central Bank of Nigeria (CBN) on Friday outlined a comprehensive procedure for account owners and beneficial owners to recover...
The naira posted 0.95 percent gain at the official foreign exchange (FX) market following increased dollar supply on Thursday. After...
The Chartered Risk Management Institute of Nigeria (CRMI) has expressed support for the Securities and Exchange Commission’s (SEC) recent directive...