Politics

Reports suggest the central bank sold dollars on Monday to dealers at a whopping rate of N198 to the dollar. This...

COMPUTER Warehouse Group Plc (CWG) has been issued a licence to perform the activities of Payment Terminal Service Provider (PTSP)...

The Central Bank of Nigeria recently dished out loans to Power Generation (Gencos) and Distribution (Discos) companies in the past...

Nigeria banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move...

The Central Bank has released a new circular reducing the timeline for computing CRR for most banks to two weeks...

This CHART OF THE DAY from Bloomberg shows that the rate at which the naira trades in the interbank market...

Nigerian stocks lost a whopping 2.7% today as the index closed at 27,935.77 for the first time since December 2012....

The Central Bank has spent an estimated $1billion in the last 12 days in its bid to defend the Naira. A...

Nigerian dealers pulled the plug on electronic trading in the naira currency on Wednesday after it slid past the key...

Nigerian overnight interbank rate spiked to a record high of 100 percent on Tuesday, up from 60 percent on Monday,...