Cardoso said the committee agreed to reset the Monetary Policy Rate (MPR) to 23 per cent.
Nigeria’s external reserves have climbed to $54.08 billion, reaching their highest level in almost 18 years and moving further above the Central Bank of Nigeria’s (CBN)...
Nigeria’s external reserves have risen to $53.11 billion, reaching their highest level in more than 17 years and moving closer to the record level recorded in...
Investors are showing stronger interest in longer-term government securities as demand for Nigeria’s one-year Treasury Bills (T-bills) surged at the latest Central Bank of Nigeria (CBN)...
Six of Nigeria’s leading listed banks paid a combined N1.27 trillion in dividends to their shareholders for the 2025 financial year, while five other profitable lenders...
The naira strengthened slightly against the United States dollar in the parallel market on Thursday, trading at N1,416/$1 compared to N1,420/$1 recorded on Wednesday. However, the...
The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN), the Niger Delta Development Commission...
The Federal Government has assured Nigerians that it will soon publish a comprehensive report detailing how funds saved from the removal of fuel subsidy and foreign...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to retain the country’s benchmark interest rate at 26.5 per cent. Speaking...
The naira weakened in the parallel market on Monday, depreciating to N1,420 per US dollar from N1,406 per dollar recorded over the weekend. However, the local...