Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 27 per cent to 26.5 per cent...
The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week....
Ecobank Nigeria said that it has successful repay the outstanding principal and accrued interest on its original $300 million Eurobond due 16 February 2026, marking a significant...
The global crypto market capitalisation inched lower to $2.32 trillion on Wednesday, primarily driven by Bitcoin (BTC) and Ethereum (ETH) selling pressure from institutional outflows. Transactions...
National Bureau of Statistics (NBS) has said that the latest capital importation report for third quarter of 2025 indicates a marked improvement in foreign capital inflows...
Nigeria Deposit Insurance Corporation (NDIC) has fully insured deposits of about 99 per cent of depositors in Nigerian banks. It has also raised the deposit insurance...
The Minister of Foreign Affairs, Yusuf Tuggar, said that Nigeria has been granted a permanent seat on the Board of the African Central Bank, and also...
Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of...
Investors continue to increased bet on Nigeria’s Treasury bills with inflation-protected yields on the naira assets, trading details obtained from the secondary market confirmed. Due to...
Access Bank has acknowledged its failure to acquire Bidvest as it was unable to meet the regulatory conditions and time frame. In a statement signed by...
An Economic and Financial Crimes Commission (EFCC) witness on Tuesday told a Federal High Court, Abuja Division, that commercial banks hoarded currencies during the controversial naira...
Gov. Babajide Sanwo-Olu of Lagos has called on stakeholders in the public and private sectors to sustain collaboration toward positioning the state as a global financial...
The Bank of Industry (BOI) said that it has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window,...
The secondary fixed income market sustained its bullish momentum in the just-concluded week, reflecting heightened demand for the Naira assets and persistent yield swings. In the...
Central Bank of Nigeria (CBN) cut the spot rate on its one-year tenor treasury bills by 138 basis points to 16.98% at the primary market auction...