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 committee retained the Liquidity Ratio at 30%. Mr. Cardoso noted that despite the series of rate hikes of the administration, the nation's Real Policy Rate remained negative, compared with the ...

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 ...

NACCIMA, CPPE say stifling financial conditions to address liquidity issues detrimental to investment, economic growth Unconvinced by the relative decline in inflation in July and August, the Monetary ...

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 Nigerian Bureau of Statistics, NBS, yesterday, announced that Nigeria’s unemployment rate grew by 1.2 percentage points ...

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 ...