The Central Bank of Nigeria (CBN), deploying various reform measures, has curtailed the once-wide gap between the official ...

The Central Bank of Nigeria (CBN) has pegged the Customs exchange rate for cargo clearance at N1,601 to the dollar, due to ...

The naira continue to face pressure amid drop in oil prices leaving the Central Bank of Nigeria with more headache in finding ...

The benchmark rate is the standard interest rate set by central banks ... It added: “Greater formalisation of FX activity ...

The Central Bank of Nigeria (CBN) has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, ...

The exchange rate between the naira and the US dollar depreciated to N1,596/$1 at the official Nigerian Foreign Exchange Market ...

Nigeria’s manufacturing investments plunged 35 percent in 2024, as high interest rate crush appetite for capita-intensive ...

Nigerian banks experienced a record-breaking year, primarily driven by the Central Bank of Nigeria’s aggressive interest rate ...