Tag: Central Bank of Nigeria

In February 2024, Nigeria witnessed a significant surge in imported food inflation, reaching a record high of 29.8%, up from ...

The Nigerian currency, the naira, has shown a notable improvement in the foreign exchange market, with major banks like Access, ...

US-based investment bank Goldman Sachs has forecasted an optimistic outlook for the Nigerian currency, the Naira, predicting it will appreciate ...

The Central Bank of Nigeria (CBN) has sounded an alarm regarding a concerning trend in borrowing practices, cautioning Nigeria and ...

The exchange rate between the Nigerian naira and the US dollar has continued its upward trajectory for the third consecutive ...

The Senate of Nigeria has announced plans to summon officials from the Central Bank of Nigeria (CBN) to provide clarification ...

The Federal Government of Nigeria has imposed a staggering fine of $10 billion on Binance, a prominent cryptocurrency trading platform, ...

In response to escalating concerns over cryptocurrency-related activities, Binance, a leading global crypto exchange, has disabled its peer-to-peer (P2P) feature ...

Today marks the commencement of the 293rd Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), with ...

In a bid to address the persistent challenges facing the Nigerian economy, the Central Bank of Nigeria (CBN) has taken ...