Henceforth, the Central Bank of Nigeria (CBN) will begin to sanction other financial institutions (OFIs) for non-compliance with data exchange...
Nigerian stocks extended gains to hit a new 23-month high on Thursday as the reopening of the Forcados crude oil...
Nigeria plans to sell N236.66 billion ($777.1 million) of short-dated treasury bills at an auction on June 14, the central...
Nigeria’s manufacturers, airlines, fuel importers and agriculture businesses will be able to buy dollars at a special market intervention to...
Egypt’s foreign-exchange reserves have overtaken Nigeria’s for the first time since 2011. The North African country, which floated the pound...
Foreign exchange rate between the Bureau De Change (BDC) and the black market was said to have converged on Tuesday,...
South Africa’s economy fell into a recession for the first time since 2009 after it contracted for a second straight...
Nigeria’s central bank introduced a new spread limit on interbank transactions on Monday, it said in a statement, in an...
The Central Bank of Nigeria (CBN) on Monday introduced a new spread limit of N1.00k on inter-bank transactions. It stated...
The Central Bank of Nigeria (CBN) has announced further Liberalisation of the interbank foreign exchange market inorder to further develop...
The naira, which strengthened to between N376 and N370 per dollar last week Friday at the black market, is expected...
The nation’s currency which strengthened to between N376 and N370 per dollar last week Friday at the black market is...
In spite of the naira’s strong showing in the foreign exchange market last week, which saw the currency gain substantial...
Massive gains recorded by major equities on the Nigerian Stock Exchange (NSE) on Friday moved the All-Share Index to 31, 000 ...
The naira yesterday firmed to a record high of N370 to the dollar since February 20, when the Central Bank...