Nigeria’s FX reserves have dropped by $832.62 million in two weeks – between January 6 and January 21, hurting the country’s ...

CBN on Friday released its Purchasing Managers Index (PMI) for December 2024, revealing that economic activities experienced ...

Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its ...

Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

On appeal, CBN argued that the appellant had breached procedural deadlines by filing its brief outside the 45-day limit ...

The naira appreciated significantly at the official foreign exchange market to end the week stronger. FMDQ data showed that ...

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An expert in the Nigerian financial service sector, Mr. Ugodre Obi-Chukwu has projected that the Nigerian economy is poised for growth in 2025 with inflation expected to drop below 30 per cent, paving ...

The Court of Appeal, Abuja Division has set aside a judgment of a Federal High Court which struck out a suit filed against the Central Bank of Nigeria (CBN) for refusing to respond to an application ...

Share 5.5% GDP growth rate achievable, says NESG The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department in the apex bank, which ...