Data from the Central Bank of Nigeria (CBN) shows the naira weakened to N1,389/$ on Tuesday, as external reserves declined…
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Nigeria’s banking industry is entering a new phase of strength and strategic relevance after lenders raised a combined N4.65 trillion…
Financial and energy sector experts have welcomed the Central Bank of Nigeria’s (CBN) directive granting International Oil Companies (IOCs) full…
Nigeria’s external reserves have declined by $850 million within three weeks, according to data from the Central Bank of Nigeria…
INTRODUCTION: The Central Bank of Nigeria began 2026 with measured optimism, delivering a 50-basis-point rate cut in February that reduced…
The Nigerian naira closed the past week at N1,591.5 per euro, appreciating from a weekly low of N1,599/€, according to…
The Central Bank of Nigeria (CBN) plans to auction N3.95 trillion in Treasury Bills (NTBs) in the second quarter of…
The Central Bank of Nigeria (CBN) has inaugurated a Payments Service Providers’ Committee to strengthen coordination, address industry challenges, and…
The Naira posted modest gains against the British pound, trading at about N1,836/£ in the official market, as the sterling…
The completion of the Central Bank of Nigeria’s (CBN) capital requirement exercise has heightened expectations for the banking sector, with…