Data from the Central Bank of Nigeria (CBN) website showed the Naira gained N6.57. This marks a 0.44 per cent increase compared to Thursday, Feb. 27, when it closed at N1,499.07 to the Dollar.

Mr Ayobami Oyalowo, the Executive Director of the Osun River Basin, has said rather than defending the naira as claimed by some Nigerians, the Central Bank of Nigeria (CBN) took specific measures to ...

He said defending a currency implied artificially pegging it to a specific value, regardless of market forces, which was the practice under the previous CBN leadership. According to him ...

The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, its benchmark interest rate at 27.5%. Governor CBN, Mr Olayemi Cardoso, disclosed this at the end of the Monetary ...

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has voted to hold all key rates steady, keeping the Monetary Policy Rate (MPR) at 27.5% as it monitors inflation and exchange rate ...

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to publish the list of dormant accounts, unclaimed balances and other financial assets. The apex bank ...

The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets on ...

Actor Priyanka Chopra took her fans on a nostalgic trip down memory lane by sharing a series of adorable childhood pictures. The actor posted a collection of photos showcasing her childhood ...

The Central Bank of Nigeria (CBN) has ordered bank directors with non-performing insider-related loans to step down immediately as part of new measures to strengthen corporate governance and risk ...

The Central Bank of Nigeria (CBN) has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was disclosed in a circular titled ‘Compliance with ...

A Kano State High Court, on Monday, issued an order of perpetual injunction restraining the Central Bank of Nigeria, CBN, from withholding funds from the Federation Account to the 44 local ...