The Central Bank of Nigeria (CBN) has temporarily withdrawn its recently issued *Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines...

The Central Bank of Nigeria (CBN) saw significant demand during its latest Nigerian Treasury Bills (NTB) auction held on September...

Despite a challenging economic environment, six Nigerian commercial banks reported a combined profit before tax of N979.19 billion for the...

In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half...

The Nigerian naira experienced further depreciation against the U.S. dollar during the final trading session of August, reflecting ongoing challenges...

The Central Bank of Nigeria (CBN) has lifted the suspension on its Standing Lending Facility (SLF) for authorized dealers, a...

The Nigerian naira exhibited a mix of gains and losses against the US dollar in the foreign exchange market on...

Goldman Sachs has revised its outlook on the likelihood of a U.S. recession in the next 12 months, reducing the...

The Central Bank of Nigeria (CBN) has reported a significant increase in net foreign exchange (FX) flows into the country,...

In the first half of 2024, five Nigerian banks collectively reported foreign exchange gains amounting to N67.89 billion. This represents...