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Naira gains N4.80 at official market

      Naira               The Naira on Tuesday appreciated at the official market, trading at N1,375.30 to a dollar....

CBN retains all policy rates

        The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the Monetary Policy Rate (MPR), the country’s...

Nigerias $52bn Foreign reserves to protect FX stability, says Cardoso

  Central Bank Governor, Olayemi Cardoso, says Nigeria is building its external reserves to provide protection against shocks and excessive currency volatility, not...

Report says Nigerian banks’ assets reach N180.37trn, 41.8% GDP

            Report         Deposit Money Banks (DMBs) in Nigeria have recorded total assets of N180.37 trillion,...

CBN Revokes Licenses of 46 Microfinance Banks +Full List

CBN Revokes Licenses of 46 Microfinance Banks +Full List   The Central Bank of Nigeria (CBN) has revoked the licenses of 46 Microfinance Banks over alleged failure...

CBN announces Shake up, deputy governors redeployed

  CBN Governor Cardoso     The Central Bank of Nigeria (CBN) has announced a reshuffle involving its Deputy Governors, with the changes taking effect from...

CBN holds interest rate at 26.5% 

      The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rate (MPR) at 26.5% at it’s meeting that...

NCC, CBN Sign MoU for Consumer Safety, Inaugurate Committees for Protection against Fraud

Caption L – R: Olatokunboh Oyeleye, Director, Cybersecurity and Internet Governance, Nigerian Communications Commission, NCC; Dr. Aminu Maida, Executive Vice...

Naira closes week with minimal loss at official market

    Naira     The Naira closed the week with slight loss at the official market, trading at N1,343.63 against the U.S. dollar. According to data...

Naira gains N12.50 at official market

  The Naira on Thursday further appreciated at the official market trading at N1,359.31 against the US dollar. According to data released on the official website of...