Naira Gains As CBN Sustains FX Reforms
The Naira appreciated further at the official market on Monday, trading at N1,497.11 against the Dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained…
The Naira appreciated further at the official market on Monday, trading at N1,497.11 against the Dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained…
The Central Bank of Nigeria (CBN) says media reports listing banks as failing the Capital Adequacy Ratio (CAR) stress test for international authorisation are false and should be disregarded. The…
The House of Representatives has rejected representatives of Central Bank of Nigeria (CBN) Governor and Comptroller General of Nigeria Customs Service insisting they appear personally person to defend their 2024…
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of illegal Naira banknotes in circulation. This is contained in a statement by CBN’s Acting Director, Corporate Communications, Mrs.…
The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr. Olayemi Cardoso, the CBN Governor,…
The Debt Management Office (DMO) on Tuesday offered for subscription, Ijarah Sukuk valued at N150 billion. According to a statement by the DMO, the Sukuk is issued by Federal Government…
President Bola Tinubu has approved the nomination of Dr Olayemi Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five years…
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Mr. Folashodun Shonubi, disclosed this…
In contemporary Nigeria, the concept of the rule of law seems to have lost its essence and meaning. Over the decades, the rule of the powerful has permeated society, leading…
The Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. The Naira decreased by 7.72 per cent when compared with N746.28 for which…