The Central Bank of Nigeria (CBN) has launched the Nigerian Overnight Financing Rate (NOFR), a new benchmark interest rate aimed…
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The naira strengthened against the United States dollar at the official foreign exchange market, closing at N1,356/$ on Monday, its…
The Nigerian naira maintained its stability against the British pound sterling on Tuesday, trading at N1,850/£1 in the Nigerian foreign exchange market,…
The Central Bank of Nigeria (CBN) has intensified its liquidity management efforts, withdrawing about N6.88 trillion from the banking system…
The Nigerian naira recorded a marginal appreciation against the euro on Thursday, closing at N1,573/€1 at the official foreign exchange…
Nigerian businesses grew more optimistic in May 2026, with confidence improving even as the country continues to grapple with insecurity,…
A new survey by the Central Bank of Nigeria (CBN) has revealed growing optimism among Nigerians that inflationary pressures will…
The Central Bank of Nigeria (CBN) has proposed tighter restrictions on loans, guarantees, asset transfers and other transactions between banks…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has formally received the prestigious Central Bank of the Year…
The Nigerian naira maintained a relatively stable performance against the United States dollar in the first half of the week,…