The Nigeria-China currency swap deal will not stifle local companies and make the country a dumping ground for Chinese goods, the Central Bank of Nigeria (CBN) said…

An exclusive report by SaharaReporters revealed that many Nigerian banks are ripping off customers making withdrawals via Automated Teller Machines (ATMs) by setting low maximum single withdrawal…

The Deputy Governor of the Central Bank of Nigeria, CBN, Aishah Ahmad, has cautioned politicians against too much spending as 2019 elections approaches. She said the anticipated…

The Central Bank of Nigeria, CBN, has urged bank customers to demand for their statement of account monthly. Oludamola Atanda of the Consumer Education Division, Consumer Protection…

The Central Bank of Nigeria (CBN) says the bilateral currency swap agreement with the Peoples Bank of China (PBoC) will help the liquidity issues faced by Nigerian…

The Central Bank of Nigeria (CBN) has signed a $2.5 billion bilateral currency swap with the Peoples Bank of China (PBoC). Confirming the swap, which has taken…

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Monday said the country’s foreign exchange (FX) reserves had risen to $47.3 billion as of April 5. The…

As part of efforts to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the Global Money Week, Heritage Bank Plc empowered 5, 544 (pupils…

The Central Bank of Nigeria (CBN), in its quest to guarantee the availability of forex for customers’ needs in various segments of the market, has injected another…

The International Monetary Fund (IMF) on Wednesday welcomed Nigeria’s exit from economic recession and lauded its strong recovery in foreign exchange reserves. IMF said this in a…

Commercial banks operating in the country have been accused of deliberately flooding the market with dirty Naira notes, which have become an eyesore to citizens. This is…

The conclusion of the sale process of 9mobile has been postponed till January 16, 2018, by both the Central Bank of Nigeria and the Nigerian Communications Commission.…

The President and founder of the Excellent Christian Ministry Int’l Inc, Apostle Dr. Ogochukwu T. Amaukwu has released his 2018 prophecies for Nigeria. In the prophecies he…

Nigeria’s central bank on Monday weakened the naira marginally, selling dollars at 307 naira each for the first time on the official interbank market, in what traders…

Nigeria's Power Minister, Babatunde Fashola, in an interview published by the Nation has attempted to correct perceived assumptions made about his role in the ministry. "There was…

An ad hoc committee of the House of Representatives on Sunday accused the Department of Petroleum Resources and the Central Bank of Nigeria of keeping $950m in…

A 29-year-old native of Gombe State, Musa Maidabara, had spent just six years in the Nigerian Army. But he saw his chance of becoming rich one afternoon.…

Nigerian naira appreciated to 363 naira to the dollar at the parallel market as Central Bank of Nigeria, CBN, continues to mop up liquidity in the forex…