Public institutions in Nigeria have a knack for policy inconsistency. They can aggressively pursue a course of action one ...

Economists have warned that the monetary and fiscal policy authorities in Nigeria must collaborate to avoid a fresh rise in inflation following the retention of the country’s benchmark interest rate ...

The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATMs of other banks was needed to incentivise banks to ensure improved access to cash at the ...

According to CardinalStone Research’s daily market report, the naira rate appreciated by 1.04 per cent to 1,494.03/$ on the official window, while the parallel market rate also appreciated by 1.66 per ...

Nigerian treasury bill yield touched its lowest point in over a year at an auction on Wednesday, when the central bank set out to raise N700 billion, stretching further a deceleration trend that began ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Thursday voted unanimously to retain the Monetary Policy Rate ...

The committee also voted to retain the Cash Reserve Ratio (CRR) at 50 per cent for Deposit Money Banks and 16 per cent for ...

Nigeria has filed a landmark lawsuit against Binance, demanding $79.5 billion in economic damages and an additional $2 ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Nigeria’s apex bank, the Central Bank of Nigeria ( CBN) has decided to retain the monetary policy rate (interest rate) at ...

The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, ...

ABUJA (Reuters) - Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on ...