The Central Bank of Nigeria has heeded Vice President Kashim Shettima’s request, made on behalf of pilgrims, to allow ...

The naira on Tuesday closed flat at the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) recorded ...

Foreign investments reached their highest level in at least two years due to attractive returns and significant rate hikes ...

The Central Bank of Nigeria recorded its biggest dollar sales on Nigerian Foreign Exchange Market (NFEM) amid continue ...

As a result of these policies, improved foreign exchange liquidity and reduced volatility have led to a more stable naira so far this year,” the World Bank said.

It became obvious that the 2025 Hajj would be seamless, as the Central Bank of Nigeria (CBN) on Wednesday approved the ...

One of the key goals of the Central Bank of Nigeria (CBN) is to maintain price stability, and this means keeping inflation ...

Nigeria’s currency in circulation declined to N5 trillion in March 2025, according to the latest data from the Central Bank ...

Analysts say the benchmark MPR rate, currently at 27.5%, may have made borrowing more expensive, thus affecting the private sector’s appetite for credit.

The approval came following the intervention of Vice President Kashim Shettima, who appealed to President Bola Ahmed Tinubu ...

Nigeria’s currency in circulation dropped to N5 trillion in March 2025, according to the latest data from the Central Bank of ...

Similarly, the NAHCON’s Secretary, Dr Mustapha Ali, clarified that the change was neither a concession nor a subsidy from the ...