The Central Bank of Nigeria strategy to defend the naira has worked as there is now possibility of convergence between the official, black market exchange rate.

FBNQUEST Merchant bank expect the Olayemi Cardoso-led Monetary Policy Committee (MPC) to lower Nigeria’s record high interest ...

Popular economist and chief executive of Financial Derivatives Company, Bismark Rewane, has said that the Central Bank of Nigeria Monetary Policy ...

Apex bank’s support for naira soared by 215% in H1The Central Bank of Nigeria injected a total of $4.1bn into the foreign exchange market in the first half of 2025, a move aimed at stabilising the ...

The Central Bank of Nigeria (CBN) injected about $50 million into the forex market following the depreciation of the naira in ...

As banks adjust to these measures, they may experience reduced profits, tighter liquidity, and a heightened need for ...

The Appeal Court further concluded that NIPOST had no statutory authority to manage or collect stamp duties …..

The Federal government has been advised to adopt the use of Cryptocurrency in official transactions and to encourage its use among Nigerians, with an ...

According to Bloomberg, CEO of the group’s Sterling Bank subsidiary, Abubakar Suleiman confirmed the development in a phone interview on Wednesday, stating ...

The Central Bank of Nigeria has announced new exchange rates as the naira jumps to a four-month high in the Nigerian Foreign ...