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

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

The Central Bank of Nigeria (CBN) has opened a window for next of kin, legal guardians and other beneficiaries to claim funds ...

The FX Code, therefore, serves as an official directive that all market participants are expected to observe in their operations. As part of compliance requirements, market participants must conduct a ...

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

The value of the dollar has depreciated significantly in the official and unofficial foreign exchange marketsNew data showed ...

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

Hon. Kola Ajayi, a seasoned politician is former, State Chairman, Alliance for Democracy (AD), Lagos, and former, State Chairman, Inter-Party Advisory Council (IPAC), Lagos, is the Head, Directorate ...

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

Exchange rate appreciated significantly in January 2025, gaining N63.72 against the dollar to close at N1,474.78 per dollar ...

Since the ill-fated attempt by the last CBN administration to change naira’s design and force cash deposits back into the banking ...

Sanusi: In the tapestry of Nigeria's socio-economic history, few figures have wielded the intellectual clarity and moral fortitude of ...