The naira depreciated by 2.5 percent against the dollar in the official foreign exchange (FX) market in March 2025, as ...

The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks ...

THE Nigerian banking sector has demonstrated remarkable resilience and stability, thanks to the effective regulatory oversight provided by the Central Bank of Nigeria (CBN) and other relevant ...

Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of ...

Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...

The value of the naira has appreciated against the United States Dollar in the official and unofficial foreign exchange ...

In Nigeria, the Monetary Policy Rate is the interest rate set by the Central Bank of Nigeria that serves as a benchmark for lending rates in the economy. It influences the cost of borrowing and the ...

NIGERIAN banks' aggregate Capital Adequacy Ratio, (CAR), remains below the regulatory threshold as of January this year ...

Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have identified investment in food storage facilities, development of policies to tackle supply-side constraints, ...

Interview - In this interview, Head of Financial Institutions Ratings at Agusto & Co., Ayokunle Olubunmi, provides insights ...

Olayemi Cardoso, has emphasized the need to sustain efforts against foreign exchange speculators to stabilize the naira ...