House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the ey in Automated Teller Machine transaction charges given the economic situation in the country.
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first two months of this year, Nigerians witnessed steady appreciation of the Naira and convergence of the official and parallel markets exchange rates around N1,500 per
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged telecommunications companies to manufacture essential components locally, in a bid to
Central Bank of Nigeria (CBN) has pledged to develop different youth-friendly credit policies and capacity-building programs to foster economic growth and innovation.
building operating under the guise of a hotel has been uncovered as a kidnappers’ den in Oba, Idemili South Local Government Area of Anambra State.
The Central Bank of Nigeria allocated $1.87bn for food imports in the first nine months of 2024, representing a $235.11m increase compared to the $1.64bn recorded in the same period of 2023.
Naira yesterday depreciated to N1,670 per dollar in the parallel market from N1,660 per dollar on Tuesday. Similarly, the Naira
The net foreign exchange inflow to the Nigerian economy in the third quarter of the year decreased by 2.97 per cent to $14.46bn from $14.89bn in the preceding quarter.
Central Bank of Nigeria (CBN) has called on bank customers to report any difficulties encountered while withdrawing cash from bank branches or ATMs, effective December 1, 2024
Central Bank of Nigeria (CBN) has increased the interest rate by 25 basis points to 27.50% to tackle the rising inflation rate, which stood at 33.87% in October 2024.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has highlighted the need to address the shortage of skilled professionals in finance-related disciplines across Nigerian universities.
World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long