The naira weakened to N1,350.45 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, extending its losses in…
Browsing: ECONOMY
Nigeria’s financial sector is facing mounting pressure from a January 1, 2027 deadline for local storage and management of payment…
The Central Bank of Nigeria (CBN) has issued a comprehensive regulatory framework for non-security virtual assets, bringing stablecoins, Deposit Money…
On Friday, October 23, 2026, the Central Bank of Nigeria (CBN) took the Nigeria’s financial system by surprise with the…
A new banking employment directive in The Gambia could put the jobs of 57 Nigerian professionals at risk after the…
The naira weakened marginally to N1,348 per dollar on Wednesday, extending its losses for a second consecutive trading session as…
The Central Bank of Nigeria (CBN) has absorbed about N3.46 trillion through Open Market Operations (OMO) and Nigerian Treasury Bills…
Persistent budget deficits are weakening the naira, pushing up borrowing costs and constraining the Central Bank of Nigeria’s ability to…
The Central Bank of Nigeria (CBN) is offering ₦800 billion in Nigerian Treasury Bills (NTBs) at Wednesday’s auction, as government…
Turnover at Nigeria’s official foreign exchange market (NFEM) fell by 61.1 per cent to $227.18 million on November 2, marking…