Tag: CBN

The Central Bank on Nigeria has restricted the importation of sugar into the country to three companies: BUA Sugar Refinery ...

The Central Bank of Nigeria (CBN) on Monday began preparing the Nigerian financial sector, through a Town Hall meeting, to ...

An Economist, Prof. Mike Obadan, has urged Nigerians to be more involved in exportation of goods and services than importation ...

Nigeria’s local rice production increased from two million tonnes in 2015 to nine million tonnes in 2021. Making the declaration ...

The Central Bank Governor, Godwin Emefiele, has said that the country will save about $3bn from petroleum products imports annually ...

The Nigerian National Petroleum Corporation (NNPC) said petroleum products worth N15.71bn were lost in 2020 to continued pipeline vandalism in ...

The quantity of foreign exchange used for oil imports in 2020 was $1.32bn, compared to $2.10bn in 2019, the latest ...

The country spent $160m from its foreign exchange on food importation in January according to figures obtained from the Central ...

The Central Bank Governor, Godwin Emefiele, has urged exporters to repatriate export proceeds in order to boost foreign exchange inflow ...