Nigeria’s strengthening currency is steadily easing the cost burden of foreign currency obligations for corporates, as ...

Analysts say a 25 basis-point interest rate cut by the United States Federal Reserve could have significant implications for Nigeria, ...

Nigeria’s benchmark interest rate is likely to remain above 22 percent through 2026 as the Central Bank of Nigeria (CBN) ...

The e-Naira introduced by the Central Bank of Nigeria (CBN) as digital currency will reduce the cost of annual diaspora remittances to Nigeria, the International Monetary Fund (IMF) has said.

The President of the Dangote Group, Aliko Dangote, says President Bola Tinubu’s Naira-for-crude policy will slash the demand for foreign exchange (forex) by 40 per cent. Dangote said this on Tuesday ...

Sen. Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that is capable of artificailly forcing the Naira to gain value against other currencies.

The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) will today begin a two-day meeting with strong possibility of reviewing its tightening policy stance and effect the first rate cut ...

The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance the operational efficiency of local refineries by reducing foreign exchange risks and ...

LAGOS, Nov 25 (Reuters) - Nigeria naira and bond yields fell sharply on Wednesday while stocks rose, a day after the central bank announced a surprise interest rate cut aimed to stimulate lending in ...