Nigeria’s Foreign Reserves Climb to $34.8bn — Cardoso
Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in…
Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in…
Lagos: The Naira ended the week on a weaker note on Friday, slipping by ₦2.60 against the U.S. dollar at the official foreign exchange market. It settled at N1,450.42, according…
Abuja: The Central Bank of Nigeria (CBN) has scrapped cash deposit limits and raised the weekly withdrawal cap from ₦100,000 to ₦500,000. The CBN made this known in a circular…
Abuja: Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, has commended the Monetary Policy Department (MPD) of the apex bank for its pivotal role in driving the apex bank’s…
Lagos, Nigeria: The Nigerian Naira continued its downward slide, closing at ₦1,475.35 per U.S. dollar at the official foreign exchange market, according to figures released by the Central Bank of…
Washington: The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September – its lowest point in three years.…
Ikeja, Nigeria. The high-profile $4.5 billion fraud trial of former Central Bank Governor Godwin Emefiele has hit a significant snag, as a court-ordered forensic examination of key digital evidence—an iPhone…
Lagos, Nigeria: The Naira closed the week bullish on Friday, trading at N1,487.89 to the Dollar at the official market. According to Central Bank of Nigeria (CBN) data, the currency…