The Central Bank of Nigeria (CBN) withdrew N7.18 trillion from the financial system through Open Market Operations (OMO) auctions in…
Browsing: ECONOMY
The Nigerian naira appreciated against the British pound on Friday, with the sterling trading at N1,834 in the foreign exchange…
The Central Bank of Nigeria (CBN) has lowered the stop rate on its one-year Treasury Bills after an overwhelming wave…
The Nigerian naira strengthened against the euro, closing at N1,552 per euro, as the Central Bank of Nigeria’s (CBN) tight…
The naira strengthened against the US dollar in the parallel foreign exchange market on Tuesday, appreciating to N1,400 per dollar…
Nigeria recorded a significant increase in foreign exchange (FX) inflows in 2025, with total inflows rising to $109.86 billion, according…
The Central Bank of Nigeria (CBN) imposed N430 million in penalties on financial institutions in 2025 over delays in resolving…
The amount of physical cash held outside Nigeria’s banking system fell by N485.80 billion in the first six months of…
The naira has strengthened further against the British pound, closing at ₦1,814 to the pound at the official foreign exchange…
Nigeria’s foreign exchange market recorded a sharp increase in trading activity last week, with total turnover rising to a record…