Nigerian bank stocks plummeted on June 16, 2025, following a Central Bank of Nigeria (CBN) directive barring certain banks from
In a decisive bid to bolster the Nigerian naira, the Central Bank of Nigeria (CBN) pumped $428 million into the
The naira has surged to N1539.7248 per US dollar on the Central Bank of Nigeria’s official foreign exchange platform. This
The Central Bank of Nigeria (CBN) has categorically dismissed reports claiming an extension of the Bureau De Change (BDC) recapitalisation
In 2019, Nigerian tech start-ups attracted a staggering US$747 million in venture capital, a 585.3% surge from 2016. How are
The naira appreciated to N1,565/$1 in the official market on Wednesday, marking a 0.8% gain from Tuesday’s rate of N1,579/$1,
Despite strong market breadth and a surge in trading activity, the Nigerian Exchange (NGX) began the week largely flat, as
The Nigerian Naira extended its gains against the U.S. Dollar on Wednesday, appreciating by 0.21% to close at N1,596.70 per
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the Non-Resident BVN
The Central Bank of Nigeria (CBN) on Friday intervened in the foreign exchange market, injecting $197.71 million to stem the
United Bank for Africa Plc (UBA) has disclosed that it incurred regulatory penalties totaling ₦141.65 million from the Central Bank
Nigeria’s House of Representatives has directed the Central Bank of Nigeria (CBN) to halt the recent increase in Automated Teller
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