
Recent resumption of intervention by the Central Bank of Nigeria (CBN), is not making enough liquidity available to abate demand pressure in the nation’s foreign exchange...

There are growing concerns among economic and financial analysts that the newly proposed windfall tax on banks’ foreign exchange profits in 2023 may be sending a...

The Central Bank of Nigeria (CBN) monetary policy committee has raised the monetary policy rate (MPR) from 26.25 percent to 26.75 percent. The apex bank’s governor,...

The Central Bank of Nigeria (CBN) on Friday, directed all banks and other financial institutions to transfer all dormant accounts, unclaimed balances and other financial assets...

Nigeria’s currency, the naira, is expected to see some gains in the coming weeks following renewed determination of the Central Bank of Nigeria (CBN) to promote...

Arguments against continuous monetary policy tightening by the Central Bank of Nigeria (CBN), as a sure way of reining in inflation has received international boost, with...

The hope of Nigerians for a quick turn around in the economic fortunes of the country, which have seen standard of living decline sharply, may not...

The Central Bank of Nigeria (CBN) has notified All Authorized Dealer Banks regarding the re-allocation of Foreign Exchange from CBN Retail Window. In a circular dated...

The Central Bank of Nigeria (CBN), on Monday, ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the...