Nigeria’s foreign exchange reserves surged to $58.81 billion on October 12, 2026, approaching their historic peak of about $58.91 billion…
Browsing: ECONOMY
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has been appointed chairman of the Africa Finance Corporation (AFC), marking a…
Nigeria is shifting its economic focus from macroeconomic stabilisation to attracting investment, deepening financial markets and unlocking sustainable growth, as…
The International Monetary Fund (IMF) has warned that rising food and energy costs continue to worsen hardship, poverty and food…
The naira traded around N1,333 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, October 12, as foreign…
The naira could appreciate beyond N1,300 per dollar as stronger foreign exchange supply, Central Bank of Nigeria (CBN) interventions and…
The Central Bank of Nigeria (CBN) has intensified its crackdown on insider lending, prompting some bank owners, shareholders and board…
The Central Bank of Nigeria (CBN) is strengthening financial ties with Asian institutions and investors as it seeks to build…
Nigeria’s fixed-income market is expected to receive about N11 trillion in liquidity inflows in October, a development Cordros Capital says…
Banks reduced their overnight deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) by N941.85…