Tag: Central Bank of Nigeria

For much of the past decade, the Nigerian Naira was a byword for volatility, a currency hedge funds shorted on ...

PalmPay has called for urgent improvements in Nigeria’s payment infrastructure, warning that persistent system failures risk undermining confidence in the ...

Zenith Bank Plc, Nigeria’s largest lender by tier-1 capital, kicked off the 2026 financial year with a thumping first-quarter performance, ...

The Nigerian Exchange’s All-Share Index closed April at an unprecedented 242,277.81 points, breaching the 242,000 level for the first time ...

In a stark warning that underscores a metastasizing threat to Africa’s largest economy, the All-Farmers Association of Nigeria (AFAN) has ...

Nigeria’s private sector slipped into contraction in April 2026, with the Purchasing Managers’ Index falling to 49.4 points, ending 16 ...

The naira weakened to a 17‑day low of N1,380.71 per dollar in the official foreign exchange market as liquidity slowed ...

Another witness has testified in the ongoing trial of former Central Bank of Nigeria Governor Godwin Emefiele over the alleged ...

The Central Bank of Nigeria has introduced a new pricing regime for electronic transfers that effectively raises the minimum cost ...

Nigeria’s financial and telecommunications regulators have taken a major step to address the growing problem of SIM-related fraud. The Central ...