The naira depreciated against the dollar at the official and parallel foreign exchange markets on Monday to begin the new month on a bearish note. Central...
The Nigerian National Petroleum Company Limited has announced a significant revenue increase to N5.078 trillion for October 2025. The state-owned firm disclosed this in its monthly...
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, has explained that the state-owned firm’s N5.4 trillion profit after tax declaration...
The Central Bank of Nigeria (CBN) has directed Nigerian banks, payment service banks and other financial institutions to immediately withdraw all advertisements that violate consumer-protection rules....
No fewer than 14 Nigerian commercial banks are yet to meet the Central Bank of Nigeria’s recapitalisation requirement as the 31st March 2026 deadline inches closer....
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 27 per cent. CBN Governor, Olayemi Cardoso,...
The Central Bank of Nigeria, CBN, has issued a definitive directive detailing how financial holding companies should calculate their minimum paid-up capital, following weeks of confusion...
The Nigerian Naira recorded massive week-on-week losses against the United States dollar at the official foreign exchange market. The Central Bank of Nigeria’s exchange rate showed...
The Naira bounced back, recording an appreciation against the United States dollar at the official foreign exchange market after hitting its lowest point this week. Data...
The Naira recorded its first appreciation against the United States dollar at the official foreign exchange on Tuesday this week. The Central Bank of Nigeria’s data...