Nigeria's foreign exchange reserves have depleted by $1.38 billion, hitting a five-month low as the CBN's data shows that Nigeria's reserves are now $39.497bn ...

The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s (CBN) plan to adopt an ...

The effects of rising inflation are felt by households and businesses across the nooks and crannies of the country. That is why the ...

The Central Bank of Nigeria has postponed its first Monetary Policy Committee (MPC) meeting for 2025 to March, following delays ...

The naira remained stable on Friday at the Nigerian Foreign Exchange Market (NFEM) closing at N1,502.50 per dollar. This is almost unchanged from the previous day’s N1,502/$1, according to data from ...

Nigeria’s Treasury bills, T-bills auction have attracted a total subscription of N3.22 trillion. This comes as the Debt Management Office, on behalf of the Central Bank of Nigeria, conducted the ...

A member of the Central Bank of Nigeria’s Monetary Policy Committee, Muhammad Abdullahi, has said that imported inflation ...

Nigeria’s treasury bills auction has attracted a total subscription of N3.22tn, reflecting heightened investor appetite amid ...

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise ...

Owing to liquidity challenge, Nigerian DMBs have made the largest single withdrawal of N1.2 trillion from the CBN Standing Lending Facility ...