The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...

The Central Bank of Nigeria (CBN), yesterday, retained the Monetary Policy Rate (MPR) at 27.5 percent, citing uncertainties fueld by ongoing global trade war.

The naira recorded a gain of N90 or 5.7% in the black market and 0.8% in the official foreign exchange (FX) market in the ...

The naira has appreciated against the dollar week-on-week bringing much needed relief for businesses and importers. Analysts ...

Deposits by Nigerian banks with the Central Bank of Nigeria (CBN) soared by a staggering 907.3 percent year-on-year (YoY) to ...

Brazil’s central bank has raised its benchmark interest rate by 0.25 points to 15.0 per cent, its seventh straight hike in nine months of trying to curb inflation. The rate, known as the Selic, is at ...

The Fed’s decision to hold rates steady has far-reaching implications for almost all forms of borrowing as well as the ...