Business
Nigeria recorded $947 million in formal remittance inflows in July, the Central Bank of Nigeria said, putting the countr…
Business
FTSE Russell has confirmed that Nigeria will return to Frontier Market status from the opening of trading on September 2…
Business
The Federal Government says petrol subsidy removal and foreign exchange reforms yielded N15.8tn in additional resources…
Business
Turnover on the Nigerian Foreign Exchange Market rose to $1.41bn on August 17, its highest level in about five weeks. Th…
Business
The Central Bank of Nigeria has removed some restrictions that had stopped banks involved in foreign exchange transactio…
Business
The Central Bank of Nigeria says currency in circulation rose to N5.73 trillion in 2025, up from N5.44 trillion in 2024.…
Business
Central Bank Governor Olayemi Cardoso told a Senate committee that headline inflation eased slightly to 15.91 per cent i…
Business
The CBN says licensed BDCs can buy forex from authorised dealer banks, but must report purchases through a tracking port…
Business
Independent petroleum marketers have warned that pump prices could rise if Dangote Refinery sells petrol and diesel in d…
Business
CBN reserve data showed Nigeria’s gross external reserves at $51.04bn on June 18, 2026, the strongest level reported in…