The Central Bank of Nigeria has expressed optimism over success of the cash-less policy implementation nationwide. This is coming on...
The Central Bank of Nigeria has sold $1.5 million on the interbank market at 305 per dollar on Friday to...
The Naira on Thursday consolidated its gains against the dollar at the parallel market, few days after the CBN announced...
The central bank will auction $230 million in forward contracts on the official market on Thursday after selling $370 million this...
The naira on Wednesday strengthened further to a record high of N495 since last week of trading above N500...
Central Bank of Nigeria (CBN) has limited the sales of dollar for purpose of school fees payment to $15,000 per...
The market indices of the Nigerian Stock Exchange (NSE) on Wednesday dropped by 0.01 per cent after a two-day marginal...
Traders increased bets that Nigeria will allow the naira to weaken after the central bank eased some capital controls and...
The Naira firmed 1.1 percent to 510 on the black market on Wednesday, bureau de change (BDC) traders said, after...
The overnight inter-bank rates, which is the rates at which banks lend to each other rose to 132.00 percent on...
The naira weakened on Tuesday against the dollar in the non-deliverable forwards market as expectations of a devaluation grew before...
Ladi Balogun will be stepping down as managing director of First City Monument Bank, commercial banking arm, effective March 20,...
Currency in circulation fell to N1.9 trillion in January 2017, representing 8.47 percent decline compared with N2.2 trillion in December...
Nigeria’s overnight lending rate more than doubled to 25 percent on Friday from 10.17 percent on Thursday after the central...
The Nigerian Stock Exchange (NSE) has organised a one-day Financial Literacy Programme for staff and students of the Federal University...