Money Market

The devaluation of the naira has led to a significant increase in bank credit to Nigeria’s oil and gas sector,...

Airtel Africa is set to launch its mobile money unit, Airtel Money, in an initial public offering (IPO) in 2025...

In a concerning turn of events, the exchange rate between the Nigerian naira and the US dollar surged to an...

The Central Bank of Nigeria (CBN) has announced plans for a significant restructuring in its operations, aiming to transfer approximately...

The Nigerian naira experienced a decline over the weekend, reaching a seven-week low against the US dollar. The official exchange...

Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28%...

In a recent announcement, the Governor of the Central Bank of Kenya (CBK) revealed plans to raise the capital requirements...

The Debt Management Office (DMO) has revealed plans to issue bonds worth N450 billion in its upcoming auction scheduled for...

The Nigerian stock market witnessed a downturn yesterday, extending losses from the previous session, with overall capitalization dipping by N268...

The Central Bank of Nigeria (CBN) has announced the suspension of charges on cash deposits until September 30, 2024, following...