Nigeria needs more stringent measures to secure macroeconomic stability – Fitch
By Melvin Onwubuke Fitch Ratings Inc. has highlighted the need for Nigeria…
Naira rises against dollar, hits seven-day high
For the third day in a row, the naira and dollar increased…
Banks increase lending rates after CBN’s MPR hike
By Melvin Onwubuke Following the Central Bank of Nigeria's record increase…
Senate probes CBN officials over N30tn loan
By Melvin Onwubuke The Senate has announced that, it will question…
CBN sells 1yr OMO bills at record 21.5%
Melvin Onwubuke The Central Bank of Nigeria sold a historical N1.056 trillion…
JUST IN: CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria, in exercise of the powers conferred on…
FX debt: CBN owes just five banks, says Cardoso
With the exception of five banks, foreign exchange backlogs have been resolved,…
CPPE urges CBN to peg custom duty FX rate at N1000/$1
By Melvin Onwubuke The Centre for the Promotion of Private Enterprise has…
Trim BDCs for direct credit intervention, Nigerian manufacturers urge CBN
By Melvin Onwubuke The Manufacturing Association of Nigeria has proposed that…
CBN to meet with foreign investors today
By Alex Omenye The Central Bank of Nigeria Governor, Yemi Cardoso,…
CBN prepares tough financial sanction for banks
In order to lower violations in the nation's financial sector, the governor…
CBN pledges to recover N10tn intervention loans
The Central Bank of Nigeria, which continues to stand by its previous…