Economy

Naira Naira is likely to strengthen next week on an increase in dollar sales to foreign exchange bureaus. Most other...

Emefiele CBN has increased the limit on banks' foreign currency borrowings to 125 percent of shareholders' fund after some lenders...

CBN said on Thursday some commercial lenders have breached its regulatory limit of foreign currency borrowings due to the recent...

Interbank Iending Nigerian interbank lending rates rose sharply by around 100 percentage points on Thursday, as commercial lenders scrambled for...

Emefiele CBN has increased the limit on banks' foreign currency borrowings to 125 percent of shareholders' fund after some lenders...

CBN CBN said on Thursday some commercial lenders have breached its regulatory limit of foreign currency borrowings due to the...

Annual inflation in Nigeria stood at 17.26 in March compared to 17.78 percent in February, the National Bureau of Statistics...

Senate has set up a committee to investigate the circumstances surrounding the award of oil prospecting licence (OPL) 245, the committee...

CBN will soon resume selling large volumes of dollars on the spot market and make the U.S. currency available to...

CBN said on Wednesday it offered $250 million in currency forwards, to be settled within 30 days, to airlines, fuel...