Naira to Dollar exchange rate for June 3, 2026
The latest available official data from the Central Bank of Nigeria (CBN) showed that the naira traded approximately ₦1,373.25 per dollar at the Nigerian...
Breaking: Nigeria remains World Bank’s third-largest borrower with $18.5bn
Nigeria has retained its position as the third-largest borrower from the World Bank’s International Development Association (IDA), even as its exposure shifted slightly in...
Between IMF’s prescription to boost revenue and profligacy
By Obike Ukoh
The suggestion by the International Monetary Fund (IMF), to the Federal Government to impose more taxes as a way of raising revenue...
Emefiele directs banks to receive old notes
At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.
CBN increases interest rate to 18.50%
The Central Bank of Nigeria (CBN) has again increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent.
Fidelity, Zenith, Access makes list of most Capitalised Banks in Q3 2023
Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results.
