The microfinance subsector has become a critical stakeholder in driving financial inclusion. Against this background, the ...

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 says it sold $197.71 million to authorised dealers to boost liquidity in the foreign exchange (FX ...

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

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

Nigeria’s official exchange rate crashed to N1,600/$1 at the end of trading on April 4, 2025, as Trump-era tariffs continued ...

The CBN’s intervention is crucial in ensuring that the naira remains stable against major foreign currencies, particularly the US dollar, and preventing any potential economic shocks.

In the fintech space in Nigeria, a new name is rapidly rising to the top—Dr. Mohammed Olatunji, popularly known as Dr.

EFCC, Lagos Zonal Directorate 1, on Friday, arraigned two women, Folake Adeoti and Modupe Adewuyi, before Yellim Bogoro, ...

The Central Bank of Nigeria, CBN, said it sold $197.71 million to boost liquidity in the foreign exchange market.

The Central Bank of Nigeria (CBN) has stated that recent movements in the foreign exchange market between 3 and 4 April 2025 reflect broader global macroeconomic shifts currently affecting several ...