The Central Bank of Nigeria (CBN) has announced the suspension of requests for the extension of export proceeds repatriation on behalf of exporters, in a move aimed at ensuring stricter compliance ...

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.

Whether you’re aiming to adopt healthier habits, master new skills, or take control of your finances, there’s an app to help you make it happen. Technology can be a game-changer in turning resolutions ...

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 ...