The Naira depreciated against the American dollar at the official window on Thursday. The foreign exchange data from the Central Bank of Nigeria (CBN) showed that the naira rose to N1,552.53/$1 from ...

JP Morgan which has been doing business in Nigeria since the 1980s plans to apply for a commercial banking license from the ...

JP Morgan plans a significant Nigeria expansion, seeking a merchant banking license to offer dollar-denominated loans and ...

Financial analysts at BMI Fitch Solutions have projected that the Central Bank of Nigeria (CBN) will begin reducing interest ...

The naira has reported a two-week appreciation against the dollar at N1,531 per dollar as the CBN announces the highest FX ...

According to a statement from the central bank that revealed the NFER, the figure was the highest level of FX accretion in ...

CBN has debunked a circular circulating, which claimed that the bank was set to introduce two new denominations – ₦5,000 and ...

The Central Bank of Nigeria (CBN) has denied introducing new N5,000 and N10,000 banknotes, labelling the reports as “fake” and urging Nigerians to disregard them. In a statement on its official X ...

The Central Bank of Nigeria (CBN) has dismissed claims that it plans to introduce new N5,000 and N10,000 banknotes, labeling ...

ShareWith the naira still being abused in various ways, the renewed collaboration between the CBN and ONSA offers another opportunity to address it frontally, Abdulwahab Isa reports The Central Bank ...