Nigeria’s currency is showing early signs of stabilisation against the British pound, supported by ongoing reforms of the Central Bank…
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Central Bank of Nigeria (CBN) Governor Olayemi Cardoso announced on Thursday that 32 banks have met the revised minimum capital…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stressed that Nigeria’s quest for macroeconomic stability hinges…
The Central Bank of Nigeria (CBN) has reaffirmed its oversight of Union Bank of Nigeria Plc (UBN) following a Federal…
The March 25 auction underscores a shifting market regime: liquidity remains abundant and demand resilient, but yields are now on a clear downward trajectory—signalling the early stages of a rate normalisation cycle.
Nigeria’s banking system liquidity remained firmly above N8 trillion this week, underscoring the resilience of excess funds despite an aggressive…
The naira depreciated to N1,391/$ on Wednesday, extending its recent slide as the U.S. dollar strengthened across global markets amid…
The naira depreciated marginally to N1,383.5/$ on Tuesday from N1,383/$ on Monday, as declining external reserves and cautious global sentiment…
The Central Bank of Nigeria (CBN) has ordered all International Money Transfer Operators (IMTOs) operating in the country to open…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Nigerian banks have raised a combined N4.61 trillion in…