While the official market appreciated, the naira declined on the parallel market, closing at 1,599.94/$ on Thursday after ...

The naira recorded a mixed performance in the foreign exchange market over the past week. This indicates the persistent pressure on the local currency despite the Central Bank of Nigeria’s continued ...

The World Bank has clarified that the planned $10.50 million financing for the Central Bank of Nigeria is a grant and not a loan. A source at the World Bank reportedly disclosed that the amount came ...

Here are best photos from Lisabi Festival as Obasanjo, others dazzle the crowd Abeokuta came alive on Saturday as the 2025 Lisabi Festival lit up the ancient city with colour, culture, and class.

The Central Bank of Nigeria (CBN) on Friday supplied a total of 197.71 million dollars to the foreign exchange market through sales to authorised dealers. The apex bank’s Director of Financial ...

Last week's gruesome attack on the group from northern Nigeria heightened tensions across the country. They had spent several weeks travelling in the south hunting wild animals to sell ...

The Central Bank of Nigeria (CBN) has debunked reports that it has introduced ₦5,000 and ₦10,000 banknotes Segun Adeyemi Follow The Central Bank of Nigeria (CBN) has debunked reports that it h ...

The Central Bank of Nigeria (CBN) yesterday said that the nation’s Net Foreign Exchange Reserve (NFER) rose by 479 per cent to $23.11 billion in 2024 from $3.99 billion in 2023. The CBN ...

Nigeria’s Net Foreign Exchange Reserve (NFER) has surged to $23.11 billion, its highest level in over three years, according to a statement released by the Central Bank of Nigeria (CBN ...

A file photo of dollar notes. Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial ...

The Central Bank of Nigeria (CBN) on Tuesday revealed that its Net Foreign Exchange Reserves (NFER) position stood at $23.11 billion as of December 31, 2024, as gross external reserves also increased ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated calls by experts. According to the CBN, the NFER rose significantly to $23.11 ...