By Kayode Tokede The Central Bank of Nigeria (CBN) has said currency in circulation hit all-time high at N2.91 trillion in December 2020. The reported data by CBN in December is however, 29.3 per cent and 9.4 per cent Year-on-Year…
By Kayode Tokede The Central Bank of Nigeria (CBN) has made commitment to support Nigeria Customs Service (NCS) to promote technology driven service to boost the nation’s economy. The NCS Public Relations Officer, Mr Joseph Attah made this known in…
The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilize the foreign exchange rates for economic growth. Alhaji Aminu Gwadabe, ABCON President, gave the advice in an…
By Kayode Tokede Banks and Merchant Banks operating in Nigeria deposit with Central Bank of Nigeria (CBN) dropped by 38 per cent to N7.25trillion in 2020, our correspondent can report. However, in 2019, banks and merchant banks deposited N11.66trillion with…
