The Central Bank of Nigeria (CBN) has said there is no deadline for the circulation of old naira notes as widely reported in some media on...
The Senior Vice President of the World Bank, Indermit Gill, has praised the Governor of the Central Bank of Nigeria, Yemi Cardoso, over his approach to...
First Securities Discount House (FSDH) Merchant Bank Ltd has projected that the Naira will stabilise against the Dollar in the fourth quarter of 2024. This projection...
The Kaduna State Government has reacted to a viral report alleging that the state borrowed ₦36 billion over the last six months. The government made the...
Businesses in Nigeria, Africa’s largest economy, have begun cutting down on their dollar exposure to better manage risk and profitability following the persistent depreciation of the...
The Naira gained 2.29% or N35.32 against the dollar to N1,540.78 per dollar from N1,576.10 reported on Thursday. On a week-on-week basis, the Nigerian Naira gained...
The presidency has refuted reports alleging that President Bola Tinubu had asked Yemi Cardoso to resign from his position as the Governor of the Central Bank...
As the US Federal Reserve signals potential interest rate cuts, there is growing optimism that Nigeria’s struggling naira could receive a much-needed boost. The Federal Reserve...
Nigeria’s naira has plummeted to a record low of N1600 per dollar, even as the Central Bank of Nigeria (CBN) implements new measures to stabilize the...
The naira further depreciated against the dollar on Monday as challenges in Nigeria’s foreign exchange market persist. According to data from the FMDQ, the naira weakened...