Nigeria-China currency swap fails to stabilise naira 5 years after
The Nigeria-China currency swap agreement has not curbed the pressures on the exchange rate and external reserves of Africa’s largest...
- Thursday, July 16, 2026
BusinessDay
The Nigeria-China currency swap agreement has not curbed the pressures on the exchange rate and external reserves of Africa’s largest...
Naira on Tuesday appreciated marginally against the dollar amid low liquidity at the official foreign exchange market. The foreign exchange...
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions (OFIs) to pay special attention to credit...
Nigeria’s projected current account deficit will remain at an average of 0.3 percent of Gross Domestic Product (GDP) in 2023–25...
Naira on Friday appreciated against the dollar across foreign exchange market segments as trading closed for Easter holidays. At the...
The International Monetary Fund (IMF) has advised supervisors, regulators, and financial institutions to be aware of the risks to financial...
Naira on Thursday appreciated against the dollar by 0.40 percent at the parallel market, Nigeria’s unofficial market following low demand...
Commercial banks’ deposits with the Central Bank of Nigeria (CBN), known as Standing Deposit Facility (SDF), has dropped by 95.82...
Commercial banks’ deposits with the Central Bank of Nigeria (CBN), known as Standing Deposit Facility (SDF) has dropped by 95.82...
African countries should institute effective debt management strategies to boost economic growth and avoid falling into the debt trap, according...