These reforms, including the unification of exchange rates and increased market-driven pricing, have been pivotal in ...

The Nigerian currency has maintained its pressure on the dollar for the fifth consecutive day, with the Central Bank of ...

Wema Bank and UBA have resumed foreign transactions on their Naira cards, enabling customers to make international payments ...

The Naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar. Data obtained ...

Several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, after nearly three years of suspension,  allowing customers ...

Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the Nigeria macroeconomic environment. Sustaining these roles takes a lot of ...

Nigeria, once celebrated as the “Giant of Africa,” now faces a turbulent economic reality. With soaring inflation, rising ...

Nigerian commercial banks have said that international transactions on their naira cards would once again be possible. And ...

The International Monetary Fund, in its latest Article IV Consultation on Nigeria, praised the Central Bank of Nigeria’s efforts to strengthen the banking sector and drive recapitalisation, but urged ...

Senator Adedayo Adeyeye, a former Minister of State for Works is the convener of the South West Agenda for Asiwaju (SWAGA) ...