CBN fulfills pledge, cleared $7bn forex backlogs

The Central Bank of Nigeria has announced that it has successfully cleared all valid foreign exchange…

Emefiele leads Nigerian banks to sustain trade relationships

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, is leading banks in engagement with the…

Apprehension increases as debt service-to-revenue hits 70%

As Nigeria’s external reserves ebbed to $44.8 billion last Monday, from over $45 billion announced by the…