The Central Bank of Nigeria has provided an update on the naira exchange rate against the US dollar in the official and ...

Last week, we looked at the story behind the 5 Naira note, which celebrated the legacy of Nigeria’s first Prime Minister, ...

A man showed off the unusual N200 someone gave him in a Lagos market, sparking mixed reactions from netizens. The money was ...

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was ...

Nigeria's gross foreign currency reserves have depleted by $2bn since this year, BusinessDay check on the reserves movement ...

Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to ...

Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase from N3.65 ...

ABUJA (Reuters) - Nigeria's central bank held its benchmark lending rate at 27.50%, its governor Olayemi Cardoso said on ...

Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...