The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024 ...

Nigeria’s Net Foreign Exchange Reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years, according to the Central Bank of Nigeria.In a press statement ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated ...

The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net ...

The Central Bank of Nigeria (CBN) has reported a Net Foreign Exchange Reserve (NFER) of $23.11 billion as of the end of 2024, marking the highest level in over three years.

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

The CBN, through its Trade and Exchange Department, released a statement detailing the new distribution, superseding all previous arrangements. This overhaul aims to streamline operations and enforce ...

The Nigerian currency, the naira rose in value against the dollar, British pound, the euro, and other currencies, ...

Nigeria’s economy is set to experience a major boost following the transformation of the National Theater and the ...

CBN has announced a comprehensive review of the allocation of terminals to Pre-Shipment Inspection Agents (PIAs) and their ...

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

The Nigerian domestic economy recorded significant growth in the fourth quarter of 2024 (Q4 2024), expanding by 3.84 per cent ...