Finally, after five painful quarters in the red zone, the Nigerian economy eventually inched its way out of recession, expanding by 0.55 percent year-on-year in the second quarter of 2017.
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Jameel Ahmad, FXTM vice-president of market research, says the fall in inflation rate recorded in Nigeria will not change the decision of the Central Bank of Nigeria (CBN) monetary policy committee
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) says little can be done to tackle the current economic challenges using the tools offered by the monetary policy. The
Nigeria is finally down to what seems likes just two exchange rates; one is the official central bank rate of 305 per dollar, while the other is between 360 to
For the second consecutive day, the Nigerian Stock Exchange (NSE) closed in the negative losing N435 billion after an initial loss
The Nigerian Stock Exchange (NSE) closed on a negative note on Thursday, losing N14 billion, a reversal from the upward
The Central Bank of Nigeria says from January 1, customers of microfinance banks and other financial institutions (OFIs) without the
The Central Bank of Nigeria (CBN) says it remains committed to the convergence of rates between the bureau de change
Nigerian Stock Exchange (NSE) lost its most recent bullish trend on Friday, three days after Godwin Emefiele, governor of the
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) says the country may stay longer in recession if bold
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