External reserves fall $320m in 11 days on debt servicing
Nigeria’s external reserves, which experienced steady growth over the past year, have now recorded a sharp decline, primarily due to...
- Tuesday, July 14, 2026
BusinessDay
Nigeria’s external reserves, which experienced steady growth over the past year, have now recorded a sharp decline, primarily due to...
Most of the Deposit Money Banks (DMBs) sanctioned by the Central Bank of Nigeria (CBN) have taken immediate steps to...
Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its innovative web banking platform to provide...
The holding of US dollars has proven to be an effective hedge against the depreciation of the naira, according to...
The Central Bank of Nigeria (CBN) last week unveiled two innovative financial accounts—the Non-Resident Nigerian Ordinary Account (NRNOA) and the...
Ecobank Nigeria has unveiled a new art installation, Kong in a Cage by artist Toyeeb Ajayi, in its efforts to...
The naira has been relatively unscathed as the United States dollar surged to a two-year high against major global currencies...
The Central Bank of Nigeria (CBN)’s loans to banks surged to a historic high of N1.2 trillion in the first...
Miden, a leading issuer processor and banking stack platform, has partnered Chess in Slums Africa to support underserved children through...
The naira ended the first trading week of 2025 flat in the official market as the pressure on the foreign...