At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, ...

High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...

The Central Bank of Nigeria (CBN) has introduced new regulations limiting bureau de change (BDC) operators to purchasing a ...

Nigeria can benefit from a Brics partnership but it must find a careful balance between the relationship and the interests of ...

The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the ...

Minister of State, Foreign Affairs, Ambassador Bianca Ojukwu has declared Nigeria’s resolve to secure a seat in the 15-member ...

As of December 2024, the number of active bank accounts in Nigeria has reached 311.65 million, marking a significant increase ...

Justice A.O.Owoeye gave the order following a motion on notice for the final forfeiture order, which was supported with an ...

The federal high court in Lagos has ordered the final forfeiture of the sums of N1,168,602,877, £35,070, and $392,818 ...

Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...