CBN

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...
Business & Economy

What CBN’s interest rate hike means for you

Eric Ojo -
The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in...
Business & Economy

CBN expected to raise interest rate further as naira strengthens

Olawale Afolabi -
The Central Bank of Nigeria will announce its latest interest rate decision today, a...
Business & Economy

CBN’s big rate hike hasn’t helped the naira just yet. Here’s why

Olawale Afolabi -
After months of waiting, the Central Bank of Nigeria on Tuesday delivered what Bloomberg...
Business & Economy

Street-trading of dollars banned as CBN resumes sales to BDCs

Plu Team -
The Central Bank of Nigeria has restarted dollar sales to exchange bureaus, reversing it...
Business & Economy

CBN announces huge interest rate hike in response to naira crisis

Plu Team -
The Central Bank of Nigeria (CBN) has announced a significant 400 basis point increase...
Business & Economy

Dollar: Former statistician-general Yale faults CBN’s demand control moves

Plu Team -
Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach...
Media

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Olawale Afolabi -
Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the...
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