Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country’s foreign exchange (FX) market is now recording an average daily turnover of $500 million — often without the CBN ...

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), says the steady rise in the country’s external reserves is being driven by a more competitive currency and increased export inflows ...

The Central Bank of Nigeria kept its Monetary Policy Rate (MPR) unchanged at 27% having seen a clear evidence that earlier ...

The Central Bank of Nigeria (CBN) has revealed that 16 banks have met its recapitalisation threshold, marking steady progress ...

The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 27 per cent.

Nigeria's broad money supply (M3) rose to N119.04tn in October, a 1.06% monthly increase driven by a surge in domestic credit ...

CBN Governor, Olayemi Cardoso, announced the decision on Tuesday at the end of the committee’s 303rd meeting in Abuja.

The Central Bank of Nigeria (CBN) says it has recovered about N2 trillion from legacy intervention programmes after an ...

Nigeria's central bank left its main interest rate unchanged on Tuesday, saying it wanted inflation to fall further, but it ...

ABUJA (Reuters) -Nigeria's central bank kept unchanged its Monetary Policy Rate at 27%, its governor Olayemi Cardoso said on ...

The Central Bank of Nigeria (CBN) revealed on Tuesday that 27 banks are still working to meet the apex bank’s new minimum capital requirement, even as the ...

Nigeria’s foreign exchange market is witnessing renewed stability as the naira continues to firm up against major currencies, buoyed by a significant rise in daily turnover to $500 million.The Central ...