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, ...

Godwin Emefiele, governor of the Central Bank of Nigeria, is in “custody for some investigative reasons,” Nigeria’s secret police said in a statement without providing further details.

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. Skip to main content.

Nigeria’s central bank chief has been arrested hours after he was suspended by the country’s new president. Godwin Emefiele has served as governor of the Central Bank of Nigeria for the past ...

A court in Nigeria’s capital city Abuja has ordered the Central Bank to unblock the accounts of 20 people who were involved in the #EndSARS protests which rocked the country last October.

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.

A senior aide to Nigerian President Bola Tinubu urged the central bank to pay attention to the political impact of its decisions, amid a public backlash over the fallout from recent economic reforms.

ABUJA, June 3 (Reuters) - Nigeria's central bank said on Monday it had revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations.

ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele ...