Latest data from the Central Bank of Nigeria (CBN) revealed that the increase began on May 9, when reserves stood at $38.12 billion. The figure had risen to $38.21 billion by May 12. It continued the ...

CBN Governor Cardoso has said the new Bank Verification Number system for Nigerians abroad will unlock major forex inflows.

Olayemi Cardoso the governor of the Central Bank at the latest MPC meeting expressed confidence on its reforms and how it has ...

A series of far-reaching policy reforms by the CBN, including bank recapitalisation, the introduction of an electronic FX ...

According to tycoon Tony Elumelu, the naira has been stable in recent months, allowing investors to better plan for ...

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate (interest rate) at 27.50 ...

TotalEnergies Marketing Nigeria Plc has paid N13.58billion dividend following the approval of its shareholders at the 47th ...

He warned that unless urgent measures are taken, the current monetary policy could undermine national economic resilience.

Tony Elumelu, the Chairman of United Bank for Africa, has commented on the naira’s performance in both the official and ...

It’s hard to believe that two years have gone by since that heady day at Eagle Square, Abuja, when President Bola Ahmed ...

Airtel Africa had recently reported an $80 million net profit in the March quarter — compared with a $91 million net loss a ...