The Central Bank of Nigeria (CBN) uses interest rate policy as its main instrument to stabilise the economy because inflation ...

The Nigerian currency, the naira, rebounded in the forex markets, thanks to $80 million intervention by the Central Bank of ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) faces a tough balancing act: sustain the naira’s recent stability, and control inflation while ensuring that borrowing costs do ...

The Nigerian naira is undervalued and expected to rally this year amid improvements in fiscal and monetary conditions, ...

WealthBridge group is pleased to announce the successful completion of the acquisition of Main Trust Microfinance Bank Ltd, ...

Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the currency, it said on Friday.

Nigeria’s economic potential is vast—it is home to over 220 million people, a growing tech sector, abundant natural resources, and a strategic regional role.

Suspended Nigerian Central Bank governor, Godwin Emefiele, made a public appearance in a Lagos court on Tuesday to face charges of illegal possession of a firearm and live ammunition.

Nigeria’s central bank chief arrested after being suspended by president Emefiele’s arrest culminates months of investigation into his office by Nigeria’s Department of State Services.

A crisis is brewing in the Nigerian banking sector over the imposition of controversial charges by banks on their customers. Complaints over these charges have reached a level that can no longer be ...

ABUJA (Reuters) -Nigeria's central bank on Tuesday raised its benchmark interest rate for the fourth time this year, as inflation surged to a 28-year high and the naira came under renewed pressure ...

The Central Bank of Nigeria (CBN) has commenced the sale of Treasury Bills, (TBs) to raise N1.76 trillion in the third ...