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 CBN Governor, Olayemi Cardoso, stated this on Friday in Abuja at an investigative hearing of the House of Representatives’ ad-hoc committee probing the circumstances leading to the exit of ...

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 ...

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.

ABS-CBN has announced a slate of new shows, films, and concerts for 2025, featuring some of the biggest names in Philippine entertainment. Among the highlights is Incognito, an action-packed series ...

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 the Annual Bankers’ Dinner in November 2023 where the CBN Governor, Olayemi Cardoso, officially announced the compulsory recapitalisation of the banks, he said it is aimed to enhance banks’ ...

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 ...

ABS-CBN announced its exciting mix of must-watch action-packed, mystery, and rom-com series, a Valentine’s-Day movie, as well as world-class concerts for 2025—all featuring the country’s biggest stars ...

The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors responsible for the decline in oil ...