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 ...

Monetary Policy Committee (MPC) will on July 21–22 hold its 301st meeting in Abuja, with stakeholders keenly watching whether the Committee will maintain its tight monetary policy stance or begin to ...

For now, stakeholders can only wait as the CBN charts its next steps in navigating Nigeria’s economic recovery ...

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.

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 ...

Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support Nigeria’s progress ...

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 ...