Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the ...

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

Banks have increased their deposit with the Central Bank of Nigeria, CBN, by 907.3 percent  Year-on-Year, YoY,  to N68.9 trillion in the first half of the year (H1'25) from N6.84 trillion in the ...

The latest Purchasing Managers' Index (PMI) report from Stanbic IBTC Bank has noted that, alongside structural reforms and the removal ...

The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for maintaining a tight monetary policy stance, describing it as a crucial step in reducing inflationary pressures ...

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 ...

In July, Standard Chartered Bank suspended international transactions on its naira visa debit card. First Bank of Nigeria ...

The naira recorded gains in the parallel market, appreciating by N10 to close at N1,560, representing a 0.6 per cent increase from the N1,570 recorded the previous day. The development marked a ...

Rising dollar inflows and CBN policies have strengthened the naira in 2025, with the currency gaining 5.7% on the black ...

The Nigerian currency strengthened further against the US dollar in the official foreign exchange market on Wednesday, July 2 ...