
Mr. Olayemi Cardoso, governor of Central Bank of Nigeria (CBN), has disclosed that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as...

Aggressive monetary tightening by the Central Bank of Nigeria (CBN), in a bid to rein in inflation, is compounding Nigeria’s tough operating environment, leaving businesses in...

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted...

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75...

The Central Bank of Nigeria (CBN) says its next monetary policy committee (MPC) meeting will hold on September 23. The apex bank in a statement on...

…as cash-strapped shareholders fail to snap offers The current recapitalization program embarked on by deposit money banks in the country to meet the mandatory new threshold...

The board meeting of Bank Directors Association of Nigeria (BDAN), taking place today is expected to end with a resolution that will either end or escalate...

The Central Bank of Nigeria (CBN) in a bid to reduce demand pressure in the FX market and promote price discovery undertook the sale of foreign...