The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits for six months.

The Central Bank of Nigeria said it has sold foreign exchange worth $20,000 to eligible Bureau De Change operators at N1590 ...

Hundreds of news organizations, media associations, and individuals worldwide have participated this week in the “Choose Truth” global campaign meant to highlight the importance of fact-based ...

The Central Bank of Nigeria (CBN) has announced an extension for the suspension of cash deposit processing fees, moving the ...

There were serious infractions that needed to be looked at. That was the reason. But somehow, the time was short. So before ...

In a move that has sent shockwaves through Nigeria's financial landscape, the Central Bank of Nigeria's Monetary Policy Committee (MPC) has once again defied expectations.

The value of the Nigerian naira resumed its declining trend on Wednesday, September 25, according to data compiled by ...

Ex-President Goodluck Jonathan and the Emir of Kano, Muhammadu Sanusi II, are at odds over the circumstances surrounding ...

MAN has expressed deep concern over the latest MPR hike, stating that it will increase borrowing costs, depress manufacturing ...

The CBN’s core mandate includes stabilising prices and the exchange rate, but other options can be explored, especially on the fiscal side. A fixation on interest rate hikes ignores the need to ...

This intervention is expected to inject additional liquidity into the forex market and stabilize rates for transactions ...