The naira settled at N1,538.50 per dollar at the foreign exchange market for the first time after an appreciation streak. The ...
In the early stage of this administration, the banks played a major role in the implementation of the continued use of both ...
Nigeria has exited the list of countries blocking the repatriation of airline funds, a new report by the International Air ...
The Group Managing Director of Cowry Assets Management Limited, Johnson Chukwu, has urged the Central Bank of Nigeria to ...
CBN governor Cardoso insisted that empty cash machines will not be tolerated and warned that defaulting banks "will face stringent penalties".
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ...
The Central Bank of Nigeria (CBN) has called on the public to report challenges they face accessing cash from commercial ...
The Central Bank of Nigeria’s cautious interest rate hike on Tuesday and optimistic messaging on inflation has some ...
Central Bank of Nigeria Governor Olayemi Cardoso gave a clear signal that high interest rates would be eased in coming months ...
The launch of Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank of Nigeria (CBN) has propelled the naira to significant gains, with rates strengthening to N1,587.29 to the dollar ...
Economists argue that money supply alone does not determine Nigerian inflation and that structural factors need to be ...
Nigeria's inflation rate rose again from September to October 2024, reaching 33.88%. Between January and October 2024, the Nigerian naira lost 82% of its value, according to data analysis firm ...