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

Vice-President Kashim Shettima on Wednesday inaugurated the Supervisory Board of the Debt Management Office (DMO ...

Senator Shehu Sani has fired back at former Kaduna Governor Nasir El-Rufai, accusing him of hypocrisy over allegations that ...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded ...

Naira closed January 2025 at its strongest level since June 2024, appreciating to N1,475/$1. But analysts caution against ...

Inflation has continued to be one of Nigeria’s most pressing economic challenges, with the Consumer Price Index (CPI) ...

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

Diaspora remittances, monies sent by citizens abroad via International Money Transfer Operators (IMTOs), rose astronomically ...

The Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1, compared to N1,630/$1 ...

Olayemi Cardoso, Nigeria’s central bank governor has said the recent recovery of the naira could be tied to the various ...

The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...