Nigeria’s crude oil production witnessed the second consecutive monthly decline since the beginning of this year, as it dropped to 1.231 million barrels per day in...
The Central Bank of Nigeria on Monday stepped up its fight to boost foreign exchange liquidity in the economy with a new circular mandating Deposit Money...
The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a...
Moniepoint Microfinance Bank has unveiled its new Unstructured Supplementary Service Data (USSD) service. The service, accessible via an account control code, offers a fast, secure and...
The naira continued its appreciation against the US dollar despite a drop in foreign exchange turnover transactions at the FX market. Data from FMDQ showed that...
Indications have emerged revealing that some domestic airlines may cease operations over the rising price of aviation fuel, otherwise known as Jet A1. Given that there...
The Central Bank of Nigeria says Nigeria recorded over $1.5 billion inflow into the economy in the past few days. Sidi Ali, the acting Director of...
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria has announced...
The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting...
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that they sold $10,000 to each BDC at...