The Economist Intelligence Unit (EIU), an arm of The Economist of London, has predicted that the Nigerian government will go back to a system where they have more control over
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The naira, Nigeria’s legal tender, closed at N740.08 per dollar at the investors and exporters (I&E) window on Wednesday. The I&E foreign exchange (FX) window is the market trading segment
Folashodun Shonubi, acting governor of the Central Bank of Nigeria (CBN), says the “volatile times” in the foreign exchange (FX) market would soon moderate. Shonobi spoke to journalists after the
The Central Bank of Nigeria (CBN) says plans to gradually phase out the old N200, N500, and N1,000 naira notes are ongoing, as new notes are still being issued. Folashodun
The Central Bank of Nigeria (CBN) has asked banks to vacate a post-no-debit restriction placed on the bank accounts of
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks
Here are the seven top business stories you need to track this week — July 24 to July 28. CBN
The house of representatives has resolved to investigate the Central Bank of Nigeria (CBN) for alleged mismanagement of funds and
Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has asked a federal high court in Lagos to
It’s been a full month since the Central Bank of Nigeria (CBN) floated the naira. For that whole month, I
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