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The Naira exchanged at N461.50 to the dollar at the Investors and Exporters window on Friday. The number represented an appreciation of 0.09 per cent equated...
Naira’s value against the US dollar reached historic lows in 2022, especially in the black market. As the Central Bank of Nigeria (CBN) tried to consolidate...
In the last couple of years, the number of financial institutions giving loans soared astronomically. However, the process of obtaining such loans is stringent and the...
Some cryptocurrency enthusiasts are jumping on the stablecoin bandwagon as the naira continues to lose value. However, a sizable portion of the Nigerian populace is not paying much...
The co-founder of a cryptocurrency company has died ‘unexpectedly’ at the age of 30. Tiantian Kullander, who co-founded the Hong Kong-digital asset company Amber Group, passed...
Bureau de change operators in Adamawa State are rejecting foreign currencies from customers due to growing uncertainty in the parallel market. Some of the money changers interviewed at...
Governments across Africa must begin to rethink governance, engender public confidence and trust in government by providing value for taxpayers’ money in line with their obligations...
The Central Bank of Nigeria (CBN) on Saturday announced that it followed due process in its decision to redesign some denominations of the naira, insisting that...
The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to apply caution in its bid to redesign the naira to curb inflation. This was disclosed on Friday by...
Good afternoon Ladies and Gentlemen, and welcome to this special press briefing at the Central Bank of Nigeria. We have called this gathering to inform all...