Three of Nigeria’s largest lenders—Zenith Bank, United Bank for Africa (UBA) and Fidelity Bank- could be compelled to reorganise into…
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Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said ongoing reforms in exchange rate management, monetary policy…
Nigeria’s gross external reserves have climbed to $51.86 billion, their highest level in more than 17 years, reflecting stronger foreign…
The Central Bank of Nigeria (CBN) allotted a total of N1.19 trillion in Treasury Bills at its latest primary market…
The naira weakened slightly against the British pound on Wednesday, closing at about N1,855/£ on the Nigerian Foreign Exchange Market…
The Central Bank of Nigeria (CBN) has injected an estimated N447 billion into the banking system after repaying nearly N2.99…
Nigeria’s financial system is projected to receive a liquidity injection of about N3.12 trillion this week, driven largely by the…
Nigeria’s currency is expected to remain relatively stable in the coming months despite sustained global strength in the U.S. dollar,…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Friday presented a souvenir to the Minister…
The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender in Nigeria and must…