The Minister of the Federal Capital Territory Mr Nyesom Wike, has refuted the claim by the Peoples Democratic Party that its ...

The Nigerian currency, the naira, depreciated again in the Nigerian Foreign Exchange Market (NFEM) and gained in the parallel ...

The Central Bank of Nigeria (CBN) has continued to take major steps to keep the naira stable in line with its exchange rate ...

The Central Bank of Nigeria (CBN) says 35 percent of its directors are women, adding that they also make up half of its ...

Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of ...

The total credit to the private sector in Nigeria declined to N73.66 trillion in February 2025, marking a consecutive monthly ...

Holding a cup of coffee made by a robot powered by green electricity, strolling leisurely around Dongyu Island, where solar ...

Nigeria’s money supply recorded its first decline in 2025, falling to N110.32tn in February from N110.94tn in January, data ...

Oil services firm Zumax has accused the CBN of negligence in an alleged fraud case, seeking N4.1bn in damages.

The naira fell again in the official foreign exchange market on Wednesday, March 26, 2025, trading at N1,537 per dollar from ...

All supervised financial institutions (SFIs) were required to obtain the CBN’s approval before deploying emerging ...