Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...
The Nigerian Naira closed January 2025 at N1, 475/$1, marking its strongest performance since May 2024. The Nigerian currency was ...
Here are the seven top business stories you need to track this week — February 3 to February 7 ‘OIL MARKETERS NOW LOADING ...
The recent launch of the Nigeria Foreign Exchange Code (FX Code) by the Central Bank of Nigeria (CBN) signals a new era in ...
Some of the reforms done by Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, have started paying off as foreign investors take ...
Inflation has continued to be one of Nigeria’s most pressing economic challenges, with the Consumer Price Index (CPI) ...
Optimism around the $7bn foreign exchange backlog’s clearance and improved liquidity contributed to a 3.68 per cent week-on-week appreciation of the naira to 1,474.78/$ at the close of trading in the ...
It lauded the directive of the CBN governor to bank executives on the bank’s zero tolerance for infractions, saying that any institution that violates the FX code would face decisive sanctions.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the apex bank is determined to curb inflation and stabilise the nation’s economy. He stated this in Abuja during the Monetary ...
The Naira has remained stable against the US Dollar since December 2024, supported by sustained reforms from the Central Bank of Nigeria (CBN). The reforms aimed at ensuring transparency in the ...