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 ...

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 ...

Minnesota Democratic Party Chairman Ken Martin has been elected chairman of the Democratic National Committee.

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

The Central Bank of Nigeria (CBN) has restated its commitment to promoting youth empowerment for the economic transformation ...

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 ...