CBN

Business & Economy

Nigeria’s central bank raises interest rate again

Olawale Afolabi -
Nigeria’s Central Bank has raised its benchmark interest rate by 50 basis points to...
Consumer

Explainer: What next for customers after Heritage Bank collapse?

Plu Team -
On Monday, the Central Bank of Nigeria (CBN) revoked the licence of Heritage Bank...
Banks

Heritage Bank fails as CBN revokes licence

Jane Kalu -
The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank...
Business & Economy

Understanding how CBN’s new record high interest rate affects you

Olawale Afolabi -
The Central Bank of Nigeria has raised its benchmark interest rate to a new...
Business & Economy

CBN likely to raise interest rate again as naira declines

Plu Team -
The naira's continued slump and Nigeria's persistently high inflation are likely to force the...
Business & Economy

Naira tumbles past 1,500 to dollar – first time in 2 months

Olawale Afolabi -
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market...
Policy

New tax ignites fury among already suffering Nigerians

Olawale Afolabi -
Nigerians reacted with fury Tuesday a day after the government imposed a new levy...
Business & Economy

Naira tumbles after brief rally as Nigeria dollar supply falls

Olawale Afolabi -
The naira weakened Tuesday for a third straight day after a brief period of...
Companies

Recapitalization: First Bank’s holding company to raise N300 billion

Plu Team -
Nigeria's FBN Holdings, parent company of the banking giant First Bank, is seeking shareholder...
Business & Economy

CBN crashes dollar rate with new sales to BDCs

Plu Team -
The Central Bank of Nigeria (CBN) has announced continued dollar sales to Bureau De...
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