The CBN has estimated that the currency note redesign will result in the return of over 2 trillion naira to...

On Wednesday, January 25, 2023, the exchange rate between the naira and the US dollar depreciated to trade at an...

The deadline for the old Naira notes remains on 31 January 2023. This information was made known by the CBN...

Inflation is expected to be broadly elevated in 2023. This was disclosed in the ongoing monetary policy committee meeting by the...

The Lekki Deep Sea Port became operational on Monday 23rd January 2023. Nigeria opened the billion-dollar Chinese-built deep seaport commissioned...

Nigeria's central bank raised its benchmark lending rate by 100 basis points to 17.5% in a decision announced on Tuesday....

The exchange rate between the naira and the US dollar at the parallel market appreciated on Tuesday, January 24, 2023,...

The Central Bank of Nigeria has only approved five banks have to engage in the cash swap and excluded mobile...

The exchange rate between the naira and the US dollar at the parallel market appreciated on Monday, January 23, 2023,...

The CBN has accused commercial banks of hoarding the new naira note. The CBN made the discovery during the public...