Naira depreciated by 49.60% in 3 months – CBN
The average naira/dollar exchange rate at the Nigerian Autonomous Foreign Exchange Market (NAFEM), depreciated by 49.60 percent in three months,...
- Thursday, July 16, 2026
BusinessDay
The average naira/dollar exchange rate at the Nigerian Autonomous Foreign Exchange Market (NAFEM), depreciated by 49.60 percent in three months,...
The naira fell against the US currency at the official foreign exchange (FX) market despite an increase in dollar supply...
Naira appreciated further against the US currency at the official foreign exchange (FX) market, despite an 18.90 percent drop in...
Naira recorded marginal gains against the US currency following a significant increase in dollar liquidity at the official foreign exchange...
The Nigerian banking industry’s average net liquidity decreased to N300.68 billion in August 2023, from N562.04 billion in the preceding...
The latest data from the Nigerian Bureau of Statistics (NBS) showed that the Nigerian population growth rate was 2.5 percent,...
LAPO Microfinance Bank Limited, a leading microfinance institution in Africa, has disbursed a cumulative of N1.4 trillion micro credits to...
A combination of insider abuse in banks and hoarding by customers has been identified as the cause of the scarcity...
The Nigeria Deposit Insurance Corporation (NDIC) on Saturday said it has paid more than N1.7 billion claims to insured depositors...
…set for expansion, introduces innovative banking solutions Alert Microfinance Bank, a Central Bank of Nigeria (CBN)-licensed deposit-taking institution, on Tuesday,...