- Friday, June 05, 2026
BusinessDay
The Central Bank of Nigeria says that the Rate of counterfeiting of the Naira is less than 1%. The bank...
South Africa’s rand touched a 16-month high against the dollar early on Wednesday on improved risk appetite with investors eyeing...
Fitch Ratings has assigned Nigeria’s USD1 billion 15-year 7.875% senior unsecured notes a final rating of ‘B+’. The final rating...
The overnight inter-bank rates rose to 17.83 percent on Tuesday, higher than 15.58 percent the previous day. Also, the Open...
…. Warns against tax increase Twenty (20) percent of the currency in circulation in Nigeria is fake, former Governor, Central...
Nigeria’s overnight lending rate closed unchanged from a week ago on Friday at 10 percent as naira liquidity on the...
Unsettled foreign exchange demand put at $4 billion is increasing default risk as deposit money banks delay in repayment of...
Tunji Adeyemi traveled from Lagos to Britain seeking to persuade Nigerians living there to deposit their pounds in his bank’s...
Central Bank of Nigeria (CBN) has directed that auditors’ reports accompanying audited financial statements of all banks should be compliant...
The Naira on Friday depreciated further to N500 to a dollar at the parallel market after it had remained stable...
The Naira on Tuesday continued to extend its stability against the dollar at all the major segments of the forex...
Nigeria’s bureau de change operators set their first ever reference exchange rate for the naira at 399 to the dollar...
The nation’s currency on Monday appreciated in value against the US dollar, gaining N3.00k to close at N490/$ at the...
The Nigerian naira’s recovery in the forwards market may be deceptive. The currency is destined to weaken, however long policy...
Pressure on the naira is expected to ease this week following a noticeable accretion in foreign reserves by 4.88 percent...
