The Central Bank of Nigeria (CBN) has issued a stern warning to banks and other authorized foreign exchange dealers against the continued rejection of old series...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
Nigeria’s money supply (M3) soared to an all-time high of N99.23 trillion in May 2024, according to data released by the Central Bank of Nigeria (CBN)....
In a bid to stabilize the foreign exchange market and ensure efficient management of excess foreign currency, the Central Bank of Nigeria (CBN) has introduced new...
The Federal Government, through the Central Bank of Nigeria, is set to commence the disbursement of N150 billion in loans to micro, small, and medium enterprises...
The Central Bank of Nigeria (CBN) has successfully raised a total of N284.26 billion through its latest Nigerian Treasury Bills (T-Bills) auction. The auction, which was...
The Central Bank of Nigeria (CBN) has issued a new directive requiring all Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay diaspora...
The Central Bank of Nigeria (CBN) has expressed satisfaction with the strides made in stabilizing the naira as excessive volatility appears to be subsiding. Speaking in...
CRC Credit Bureau Limited celebrated its 15th anniversary with a record 14% credit penetration rate. The occasion was marked with the CRC Finance and Credit Conference...
The World Bank has approved a $2.25 billion funding package aimed at stabilizing the economy and assisting the most vulnerable segments of the population. The Washington-based...