News

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan as previously reported.
Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...
The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant ...
Nigeria's net foreign exchange reserves stood at $23.11 billion at the end of 2024, their highest level in three years, the ...
The Central Bank of Nigeria (CBN) has firmly refuted a report circulating online that claimed the bank was introducing new N5 ...
Mr Huseini was found guilty of Naira abuse, an offence punishable under Section 21(1) of the Central Bank Act, 2007 ...
Press Release - He was jailed after pleading guilty to one-count charge bordering on abuse and mutilation of the Naira.
The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming meetings and resume in ...
The World Bank is planning a $10.50 million grant to Nigeria aimed at boosting the technical capacity of the Central ...