Latest Money & Markets News
EXPLAINER: CBN eases rates slightly, keeps liquidity tight — What CFOs need to know
The Central Bank of Nigeria (CBN) has taken its first step towards…
Exchange rate slumps to N1,586/$1 in official market
The naira weakened to N1,586/$1 in the official market on Thursday,…
CBN raises N1 trillion at latest OMO auction as money supply surges
The Central Bank of Nigeria (CBN) raised a total of N1.008…
Naira settles at N1,620/$ at unofficial market amid weak Dollar index
The Nigerian currency showed weakness during midweek trading at the unofficial…
Rewane backs CBN’s $8bn spend to support undervalued naira
Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, has…
Official, parallel FX rates converge at 1,502/$ for first time in almost two years
The naira closed against the dollar at N1,502 at both parallel…
Naira appreciates to N1,550/$ at parallel market
The naira appreciated to N1,550 per dollar at the parallel section…
Russia adds Nigeria, Tunisia, Ethiopia to currency trading list
The Kremlin has expanded the list of African friends whose banks…
CBN extends timeframe for BDCs to buy $25,000 weekly from banks
The Central Bank of Nigeria (CBN) has extended the timeframe for…
CBN waives 2025 licence renewal fee for BDCs
The Central Bank of Nigeria (CBN) has waived the 2025 licence…
