Tag: CBN
Naira Stays Stable on Friday as CBN Sustains Holiday FX Support
LAGOS — The Nigerian naira maintained relative stability against the United States dollar on Friday, May 29, 2026,…
Nigeria’s Foreign Reserves Rise Above $50bn in Major Milestone
ABUJA — The Central Bank of Nigeria has confirmed that Nigeria's foreign exchange reserves have risen above $50…
Naira Holds Steady on Friday as CBN Keeps FX Market Firm
LAGOS — The Nigerian naira maintained steady momentum against the US dollar in the early hours of Friday,…
Nigeria Records $480m Trade Surplus in January, Up 220%
LAGOS — Nigeria recorded a trade surplus of $480 million in January 2026, according to data released by…
Naira Slips to N1,395 in Parallel Market on Demand Pressure
LAGOS — The Nigerian naira has depreciated slightly against the US dollar in both the official and parallel…
Nigerian Banks Race To Meet CBN June 10 Cybersecurity Deadline
LAGOS — Nigerian financial institutions are under intense pressure to meet the Central Bank of Nigeria's June 10,…
Naira Holds Steady at N1,370 as CBN Watches Market
LAGOS — The Nigerian naira traded at around N1,370 to the United States dollar in the official market…
N323bn Shakeup: Mystery Firm Buys Out Otudeko’s First Bank Stake
A Record-Shattering Transaction In what marks the largest off-market deal in NGX history, entities tied to banking moguls…
