CBN continues aggressive tightening, raises lending rate
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN,…
Naira loses 6% against dollar at official market
The Naira on Monday slightly depreciated at the official market, trading at…
CBN raises banks’ capital requirements to N500bn, N200bn
The Central Bank of Nigeria, CBN, has increased the minimum capital requirement…
Naira on steady recovery, gains further by 1.8% against dollar
The Naira experienced a further appreciation at the official market, trading at…
CBN increases inter-bank interest rate to 24.75%
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN,…
CBN clears $1.5bn outstanding FX transactions, eliminates legacy backlog
The Central Bank of Nigeria, CBN, has said that all valid foreign…
CBN reports increased forex inflow as remittances quadruple
The Central Bank of Nigeria, CBN, has reported a significant increase in…
Ogun govt gets 100-truck-load of rice, for sale at reduced prices
Ogun State government has purchased 100-trucks-load of rice to be sold at…
SINET calls for probe of alleged $2.4bn forex trading fraud
The Social Integrity Network, SINET, has demanded further clarification concerning a statement…