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The Nigerian currency, the naira, remained strong in the official window, ending July on a positive note, but dipped slightly relative to June exchange rate.
Nigeria’s Monetary Policy Committee (MPC) is unlikely to reduce the Monetary Policy Rate (MPR) in the second half (H2) of ...
On one hand, they have been affirmed as safe and sound by members of the Central Bank of Nigeria (CBN)’s Monetary Policy ...
The naira closed out July 2025 at N1,533.55/$ at the official market, the Nigerian Foreign Exchange Market, data from the Central Bank of Nigeria revealed on Thursday.This is about 0.25 per cent ...
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), hosted Olayemi Cardoso, Governor of the Central Bank of Nigeria ...
Governor Hassan Abdalla met on Tuesday with his Nigerian counterpart Olayemi Cardoso to discuss expanding bilateral ...
Analysis - President Bola Ahmed Tinubu recently said that Nigeria's economy which had gone through a tough period has now stabilised under his administration.
Analysts predict that inflation will continue to decline, which might lead to interest rate reductions starting in the second ...
Access Holdings Plc, Wema Bank, and Zenith Bank are among the eight banks that have fully completed their recapitalisation ...
After years of tight restrictions caused by dollar shortages and foreign exchange instability, Nigerian banks have resumed international transactions on naira-denominated debit cards — a major ...
In the data released on July 21, the NBS said the performance of the GDP in the period reviewed was driven mainly by the ...
For the public, inflation affects more than just economic indicators. It shapes purchasing power, savings decisions, and ...