No fewer than 14 Nigerian commercial banks are yet to meet the Central Bank of Nigeria's recapitalisation requirement 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 ...
Nigeria's broad money supply (M3) rose to N119.04tn in October, a 1.06% monthly increase driven by a surge in domestic credit ...
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 ...
Nigeria’s foreign reserves have surged to $46.7 billion in a development that highlights the growing impact of the Central ...
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 ...
Olayemi Cardoso, on Tuesday, said Nigeria's Foreign Exchange (FX) market is now recording an average daily turnover of $500 ...
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 ...
The Central Bank of Nigeria (CBN) has said it cannot introduce fresh intervention programmes due to outstanding liabilities ...
CBN keeps benchmark interest rate at 27 per cent, citing inflation concerns, banking resilience, Naira stability and macroeconomic progress.
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Wednesday, 26th ...
The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 per cent, extending its pause on monetary tightening as the bank seeks to consolidate recent ...