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Nigeria’s central bank begins e-invoice for importers, exporters February 1

The Central Bank of Nigeria (CBN) says it will begin e-invoice for imports and exports in the country from February 1, 2022. The apex bank...

Currency devaluation increasing Nigerians’ suffering

In an article from Business Week dated May 31st, 2020, titled “Quantitative Easing, A Necessary Monetary Tool for Post-Coronavirus economic recovery,” the writer states...

Naira strengthens marginally to dollar at I&E window

The Naira on Monday gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25 to a dollar as...

Nigeria: Analysts say MPR reduction will increase money, credit in circulation

Some financial analysts on Friday said the unexpected reduction of the Monetary Policy Rate (MPR) from 13.5 to 12.5 per cent, as announced by...

Nigeria’s central bank cuts benchmark lending rate to 12.5%

Nigeria’s central bank cut its benchmark lending rate to 12.5% from 13.5%, the central bank governor said on Thursday. Central Bank Governor Godwin Emefiele said...

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