The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about a positive economic trajectory for the country in the first half of 2025, citing significant ...

At an economic briefing of the joint Senate Committee on Finance, Banking, Insurance, and Other Financial Institutions and National Planning in 2024, the Governor of the CBN, Olayemi Cardoso ...

The move of the CBN to hike rates in the outgoing year had been anticipated by market watchers, especially in light of the rising inflation. From an MPR of 18.75 per cent in January 2024 ...

The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. According to CBN in a statement, the Code serves as a guideline to the banking ...

Meanwhile, cannabinol (CBN) is also procuring recognition in the holistic health space. While these two compounds share similarities in their origin and name, there are important differences ...

In apparent reflection of liquidity constraints in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, rose by 261.3 percent year-on-year (YoY ...

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from the Central Bank of Nigeria.

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.

The Central Bank of Nigeria (CBN) has officially approved the release of the Nigerian Foreign Exchange (FX) Code, a move aimed at fostering ethical conduct and transparency within the nation’s foreign ...

The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. The apex bank also announced that the Code would be formally launched next week ...

Nigeria’s foreign reserves hit a three-year high of $40.2 billion in 2024, but the naira saw instability for much of the year, with the Central Bank of Nigeria (CBN) tweaking policies to stabilise the ...