Operators in the Nigerian real estate market warned that the Central Bank of Nigeria's (CBN) recent increase in interest rates to 27.75 percent may result in higher building and maintenance costs ...

The apex bank, in its efforts to ensure stability in the foreign exchange market, sold a record $815 million directly to businesses from manufacturers to airlines on August 6, the biggest single day ...

The Nigerian Bureau of Statistics, NBS, yesterday, announced that Nigeria's unemployment rate grew by 1.2 percentage points to 5.3 per cent year-on-year, YoY. This came on a day the Central Bank of ...

While the economy grew by an average of 1.2% during Emefiele’s time, the money supply increased by 12.6%, creating distortions in the economy ...

Nigeria's central bank has once again raised its benchmark lending rate by 50 basis points to 27.25%, marking its fifth rate ...

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), its benchmark interest rate, by 50 basis points to 27.25 percent to further control inflation.CBN Governor Olayemi Car ...

The CBN governor, Olayemi Cardoso, has reassured investors and Nigerians of the banking sector's robustness and stability ...

Naira Volatility Defies Forex Reserves Growth Of $39bn The naira has crashed to N1,695 per dollar after the Central Bank of ...

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has once again pointed to the monetary policies of his ...

The Central Bank of Nigeria Governor, Olayemi Cardoso said the decision was taken to safeguard the gains that have already accrued in reining in inflation ...

Key players in the Nigerian business and economic sector have kicked against the recent interest rate hike by the Central Bank of Nigeria Monetary Policy ...