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 ...
UBA informedcustomers that savings accounts that have not been used for a predetermined amount of time will henceforth be ...
The Central Bank of Nigeria (CBN)  has threatened to impose fines on erring players in the financial sector over the ongoing ...
THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has criticized the actions of desperate buyers in the ...
In 2022, Nigeria missed out on a potential N6.2 trillion due to its less flexible foreign exchange (FX) regime —a loss that ...
Nigerian central bankers, emboldened by stronger-than-expected third quarter economic growth, are set to extend their more ...
The Chartered Institute of Bankers of Nigeria and the banking community have celebrated contributions by the Central Bank ...
According to the CBN governor, since June 2024, the naira has remained stable, despite some pressure points from both ...
The Central Bank of Nigeria Governor, Olayemi Cardoso said the federal government spent N6.2 trillion on foreign exchange ...
Central Bank of Nigeria Governor Olayemi Cardoso gave a clear signal that high interest rates would be eased in coming months ...
Economists argue that money supply alone does not determine Nigerian inflation and that structural factors need to be ...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign reserves rose to $40.88 billion as ...