Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Nigeria’s external reserves declined significantly by about $1.19 billion in the last three weeks plus. This is according to ...

The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...

The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...

Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation.

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...

The Central Bank of Nigeria (CBN) has issued new guidelines permitting Bureau de Change (BDC) operators to purchase up to ...

The Naira has extended appreciation against the dollar at the parallel foreign exchange market amid the Central Bank of ...

High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...

Meanwhile, Ikeazor advocated for more decisive monetary policy actions to curb inflation and maintain economic stability. He noted that while monetary tightening has come at the expense of economic ...