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How to apply for CBN’s loan

By Paul Fakayejo

February 9, 2022

The Central Bank of Nigeria (CBN) recently released the list of 28 companies that were beneficiaries of N23.2 billion from the first cycle of the 100 for 100 Policy on Production and Productivity (PPP). What most applications should…

CBN to stop forex sale to banks by December, targets $200bn non-oil exports

By Paul Fakayejo

February 11, 2022

CBN to stop forex sale to banks by December, targets $200bn non-oil exports The Central Bank of Nigeria has revealed that it will stop the sale of foreign exchange to Deposit Money Banks by the end of the…

Naira closed flat as Russian-Ukraine invasion sends cryptos crashing

By Paul Fakayejo

February 25, 2022

The exchange rate between the naira and the US dollar closed at N416/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. The exchange rate at the I&E window closed flat on Wednesday at N416/$1,…

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