The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. The directive was issued on Monday in a...
The National Bureau of Statistics (NBS) is set to release its much-anticipated Consumer Price Index (CPI) rebasing report today, highlighting an average inflation rate of 24.48%...
A High Court in Kano State has issued a permanent order restraining the Central Bank of Nigeria (CBN) from withholding funds meant for the 44 local...
The Central Bank of Nigeria (CBN) has assured customers of Keystone Bank not to panic following a court order ordering forfeiture of the bank shares to...
The Central Bank of Nigeria (CBN) has introduced revised transaction fees for Automated Teller Machine (ATM) services, set to take effect on March 1, 2025. In...
Local governments across Nigeria are encountering a fresh challenge in their bid to receive monthly allocations directly from the Federation Account, as the Central Bank of...
The Nigerian currency, Naira, gained value in the official foreign exchange market yesterday, appreciating to N1,493 per US dollar, according to data from the Central Bank...
The Nigerian Naira appreciated in both the parallel and official foreign exchange markets on Wednesday. In the parallel market, the Naira strengthened to ₦1,630 per dollar,...
The Central Bank of Nigeria (CBN) on Monday announced the release of the Nigeria Foreign Exchange (FX) Code, which comes as the Naira shows signs of...
The Naira experienced a slight appreciation in the parallel market, trading at N1,660 per United States dollar on Friday, compared to N1,665 per dollar the previous...
