The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan.

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Nigeria has no cause to over react to the wave of new import tariffs introduced by the Trump administration in the United States, economic experts warned yesterday. The experts spoke as the Central ...

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The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan.

The Central Bank of Nigeria made a $197.71 million investment in the foreign exchange market on Friday in order to preserve ...

The Central Bank of Nigeria (CBN) has made a significant intervention in the foreign exchange (FX) market, injecting $197.71 ...

CBN has intervened in the foreign exchange (FX) with the sale of $197.71 million to authorised dealers, to enhance liquidity ...

The boost comes as global markets reel in shock with the tariffs imposed by United States President Donald Trump.

The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange (FX) market on Friday, April 4, ...