Experts in the financial service sector have called on the Central Bank of Nigeria (CBN) to deploy 25 per cent of Cash Reserve Ratio (CRR) fund to critical sectors of the economy at a capped interest ...

How does the bus driver fueling his danfo navigate this mess? Must we all now carry POS machines in our pockets to survive?

The value of the naira was once again strong against the dollar in both the official and unofficial foreign exchange markets ...

The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in ...

“Counterfactual estimates suggest that without these decisive policy interventions, inflation could have reached 42.81% by December 2024,” Cardoso stated. He stated that throughout 2024, the CBN ...

The CBN has received plaudits from the Association of Bureau De Change Operators of Nigeria for exempting the operators from ...

The verification procedure for the remaining $2.4 billion foreign exchange (FX) backlog is being completed, according to the Central Bank of Nigeria (CBN). Payments for legitimate claims are about ...

ShareWhilst I will not hesitate to condemn any attempt by another country to demarket our dear country, Nigeria, I have ...

Issuance in CEEMEA will take a pause for the rest of the week due to monetary policy meetings from the US Federal Reserve and ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a strong warning to commercial banks and Bureau De Change operators, emphasizing strict adherence to the newly introduced ...

The Central Bank of Nigeria (CBN) has waived N250,000 annual licence renewal fee for each Bureau De Change (BDC) operator for ...

The Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday, January ...