Central Bank
Ghana’s Inflation Eases to 22.4% Amid Food Price Relief
Ghana’s annual consumer inflation has shown a promising downward trend, decelerating for the third consecutive month to 22.4% in March, according to the...
Ghana’s Central Bank Springs Surprise, Hikes Interest Rate to 28% to Combat Stubborn Inflation
In a move that caught economists off guard, Ghana’s central bank has raised its main interest rate by 100 basis points to 28%,...
Central Bank issues regulatory guidelines on eNaira
The Central Bank of Nigeria (CBN) has released the regulatory guidelines on the eNaria, the country proposed digital currency. This was contained in...
Central Bank Injects $246.2m for Wholesale, SMEs, Invisibles
The Central Bank of Nigeria (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the forex...
Parallel Market: Naira Gains 1.1%, Trades at 450 Per Dollar
Nigerian naira on Friday ended weekly trading with 1.1 per cent gain at the parallel market to 450 per dollar as Central Bank...
President Buhari Directs CBN, Finance Ministry On Refunds to State Governments
President Muhammadu Buhari has directed the Minister of Finance, Mrs. Kemi Adeosun and the Governor of the Central Bank of Nigeria, Godwin Emefiele,...
Naira Appreciates to 455 Per Dollar at Parallel Market
Nigerian naira on Thursday continued to appreciate against Dollar at the parallel market. The currency gained 2 naira to 455 against the dollar...
CBN Releases Fresh $195m to Boost Forex Supply
The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market as part of its wholesale intervention to ensure...
Naira Closes at 459 Per Dollar at Parallel Market
The local currency, the naira on Monday gained a point to close at 459 per US dollar against 460 traded over the weekend...