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

The naira ended the week on a strong note, appreciating to N1,579/$1 on Friday, May 23, 2025, at the official foreign exchange market. Data from the Central Bank of Nigeria (CBN) show the currency ...

The Manufacturers Association of Nigeria has decried what it described as “unwholesome treatment” of its members by some commercial banks over unmet foreign exchange forward obligations, calling on ...

The Manufacturers Association of Nigeria (MAN) has raised alarm over what it describes as the unjust treatment of its members ...

ASUU threatens nationwide strike over unmet demands FG to sell Emefiele-linked estate to low, middle-income Nigerians Protesters demand U.S. visa ban on ...

Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange ...

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 ...

Nigeria's foreign exchange reserves have dipped to an eight-month low amid debt repayments and forex sales interventions by ...

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

Kamoru Yusuf has lamented the massive losses suffered by manufacturers due to the scarcity and volatility of foreign exchange ...

Barclays has advised investors to shift to Nigeria’s shorter-dated dollar bonds, saying the yields look more attractive ...