Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

The claim that the CBN has unveiled a new ₦5000 note with the image of President Bola Tinubu has been fact-checkedSeveral ...

The Group is well-diversified and one of Africa's largest financial services organisations. It is structured in Commercial ...

Owing to liquidity challenge, Nigerian DMBs have made the largest single withdrawal of N1.2 trillion from the CBN Standing Lending Facility ...

Exporters under the auspices of the Association of West African Exporters and Maritime Professionals have said that in the ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

Fidelity Bank Plc has announced the result of its recent offer for subscription of 10 billion Ordinary Shares at N9.75 per ...

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

The TUC said the fall in the country's currency against the dollar is the reason for Nigeria's high cost of living.

The naira appreciated to N1,550 per dollar at the parallel section of the foreign exchange (FX) market on Thursday.