The Central Bank of Nigeria (CBN) has decided to reduce the exchange rate to clear goods at ports as the naira improves ...

The Nigerian currency has reversed its losses against the dollar in the official foreign exchange market, gaining N5 in the ...

The Central Bank of Nigeria's Monetary Policy Committee's two-day meeting begins on Monday through Tuesday, May 19th and 20th, 2025. MPC, CBN's highest ...

When President Bola Tinubu appointed Olayemi Cardoso as Governor of the Central Bank of Nigeria (CBN) in September 2023, he ...

Soaring energy costs, including prices of petrol, diesel, and electricity, have been identified by a vast majority of ...

The naira appreciated to N1,610 per US dollar in the parallel market on Monday, marking a notable gain from Friday’s ...

The Central Bank of Nigeria (CBN) has reported that the overwhelming majority of Nigerian firms identify high energy costs, particularly ...

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has again retained the monetary policy rate (MPR), which benchmarks interest rates in the country, at 27.50 percent.

The Central Bank of Nigeria (CBN), deploying various reform measures, has curtailed the once-wide gap between the official and parallel market rates, curbed speculative arbitrage in the nation’s ...

CBN retains MPR at 27.5%, citing improved inflation figures, FX market stability, and ongoing reforms supporting Nigeria’s macroeconomic recovery.