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Mo Ibrahim blasts ratings agencies for Africa’s costly debt

Mo Ibrahim, a telecoms billionaire and philanthropist, has blamed the high cost…

5 Min Read

CBN restores 43 items restricted from FX, 8years after

The Central Bank of Nigeria (CBN) on Thursday restored the 43 items…

2 Min Read

Naira hits N1,040 per dollar on black market

The foreign exchange (FX) market opened on Thursday with naira depreciating to…

2 Min Read

Naira falls to lowest of N1,030/$ as rising demand intensifies

Naira on Wednesday fell to a lowest of N1,030 per dollar on…

3 Min Read

Flush with cash, banks boost lending

Deposit money banks’ lending to the private sector reached an all-time high…

8 Min Read

eNaira not a threat to financial stability- CBN

The Central Bank of Nigeria (CBN) has said that its Digital Currency…

2 Min Read

CBN sells $5.78 billion to defend naira in first half of 2023

The Central Bank of Nigeria (CBN) defended the naira through its intervention…

4 Min Read

Naira falls further to N1,010/$ on increased demand

Naira on Tuesday fell to N1,010 per dollar following rising demand for…

2 Min Read
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