Nigeria’s foreign exchange market recorded $2.62 billion in total dollar turnover in the week ended October 16, 2026, down 22.23%…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN) is seeking more efficient cross-border payment systems with China to facilitate trade, investment and…
The naira maintained stability against the British pound at about ₦1,765 per pound in the official foreign exchange market, supported…
Nigerian banks’ deposits with the Central Bank of Nigeria (CBN) climbed to ₦6.08 trillion on October 16, following a ₦2.41…
The Nigeria Customs Service (NCS), Sokoto/Zamfara Area Command, has seized 599 bales of second-hand clothes, seven sacks of second-hand women’s…
Nigeria’s foreign exchange utilisation climbed to $18.34 billion in the second quarter of 2026, its highest quarterly level since the…
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has said Nigeria’s foreign exchange reserves are helping to protect the economy…
The International Monetary Fund (IMF) has endorsed the Central Bank of Nigeria’s decision to reset its benchmark interest rate to…
Nigeria has reaffirmed its medium-term target of single-digit inflation as the Federal Government and the Central Bank of Nigeria (CBN)…
The Federal Government plans to offer N5.4 trillion in Treasury bills in the fourth quarter of 2026, with nearly 76%…