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Nigeria’s central bank holds monetary policy rate at 11.5% amid recession

The Central Bank of Nigeria (CBN) on Tuesday kept its Monetary Policy…

1 Min Read

MPC stuck with stubborn inflation, negative growth in rate decision Tuesday

Monetary Policy Committee (MPC) started its last meeting in the year on…

5 Min Read

Building a mega bank: Should Nigerian banking sector see more M&As?

The Nigerian banking industry is said to be resilient in spite of…

6 Min Read

FX market opens with naira losing N1 against dollar

The foreign exchange market opened on Monday with Nigeria’s currency losing N1.00k…

1 Min Read

Emefiele to unveil policy direction for 2021 at CIBN bankers dinner

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is…

3 Min Read

BDCs raise alarm over speculative activities impact on Naira depreciation

The Association of Bureaux De Change Operators of Nigeria (ABCON) has sent…

5 Min Read

Allow market to be, let naira reach N600, Agbakoba tells economy managers

In view of the struggling economy evidenced in the low economic indicators…

6 Min Read

Naira falls to N482, lowest in 3 months, as autonomous sources account for 58.7% dollar inflow

The pressure on the naira/dollar exchange rate continued on Friday as Nigeria’s…

4 Min Read
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