The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024. According to CBN data, NFER stood at $23.11 billion, the highest ...

The Central Bank of Nigeria (CBN) has reported a Net Foreign Exchange Reserve (NFER) of $23.11 billion as of the end of 2024, marking the highest level in over three years. In a statement released ...

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The House thereafter urged the CBN to immediately suspend the implementation of the policy, pending proper engagement with the relevant Committees on Banking, Finance, and Financial Institutions.

I had an inkling it was coming. But that didn’t lessen the shock nor the sadness when I learned that ABS-CBN is selling a large part of its historic headquarters in Quezon City to property ...

Melvin Ayogu as a member of the Board of Directors of the Central Bank of Nigeria (CBN). The approval was sequel to the presentation of the report of the Senate Committee on Banking, Insurance and ...

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The United States will host the Club World Cup in 2025 — the first edition of the club football competition under FIFA's controversial new expanded format. Manchester City are the Club World ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated calls by experts. According to the CBN, the NFER rose significantly to $23.11 ...

This is according to external reserves data available on the website of the Central Bank of Nigeria (CBN). In a statement earlier this week, the apex bank attributed the decline in the country’s ...

Meanwhile, the Central Bank of Nigeria (CBN)-led Monetary Policy Committee’s decision to maintain interest rates at its last meeting has fueled a rally in Nigeria’s Eurobond market, reinforcing ...

Zumax Nigeria Limited, an oil services company, has filed a N4.1 billion lawsuit against the Central Bank of Nigeria (CBN), alleging gross negligence and complicity in what it calls a fraudulent ...