Economy

Nigeria's distributable government revenues rose in January by 16 percent to 465.19 billion naira ($1.5 billion) as it brought in...

Currency hoarders and speculators reacted to tacit devaluation of the naira which was followed by release of $500 million into...

Nigeria plans to sell 310.22 billion naira ($984.83 million) of short-dated treasury bills at an auction on March 1, the...

Nigeria sees no need to apply for an International Monetary Fund programme as it is pursuing its own economic reform...

CBN will sell $500 million on a 60-day forward contract to help boost dollar liquidity on the interbank market, traders...

Nigeria effectively devalued the naira for private individuals on Monday, paving the way for a possible broader move despite stiff...

 The Central Bank of Nigeria (CBN) is moving quickly to revive the moribund interbank foreign exchange (FX) market as well...

The Central Bank of Nigeria, CBN, has released a new foreign exchange policy in the country with immediate effect. The...

The naira hit a fresh low of 520 on the black market on Monday, as retail currency traders tried to...

CBN plans to sell $1 million weekly to each of the country's 21 commercial lenders at a rate of 375...