Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria(CBN), says fostering greater strategic cohesion among African countries will secure Africa’s future. Cardoso said this at the African Export-Import Bank…
The Naira further appreciated on Thursday, trading at N1,553.11 against the dollar in the official foreign exchange market. Data from the Central Bank of Nigeria showed the Naira gained N12.35,…
The Naira remained unchanged on Friday, closing the week at ₦1,586.15 to the Dollar at the official foreign exchange market. It traded at the same rate on Thursday, having gained…
The Federal High Court in Abuja on Thursday, dismissed a 950 trillion Pounds suit filed by a businessman, Mr. Tunde Omosebi, against former Vice-President Atiku Abubakar and others over allegations…
The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked by fluctuations. This recovery follows a period of instability, with…
The Naira depreciated on Friday at the official market, trading at N1,567.02 to a dollar. Data from the Central Bank of Nigeria (CBN) Website showed that the Naira lost N14.49.…
The Central Bank of Nigeria (CBN) on Friday supplied a total of $197.71 million to the foreign exchange market through sales to authourised dealers. The apex bank’s Director of Financial…
The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend its directive increasing ATM withdrawal charges. This resolution was taken as a result of a motion…
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 Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Thursday voted unanimously to retain the Monetary Policy Rate (MPR), which is the baseline lending rate, at…