The Nigerian Senate has urged commercial banks in the country and sector regulator, the Central Bank of Nigeria (CBN),to support small

*Introduces new spread limit of N1… The Central Bank of Nigeria (CBN) has banned authorized dealers at the foreign exchange interbank

As Nigeria’s National Assembly meet the Central Bank of Nigeria (CBN) and other banks in Africa’s largest economy over high interest

*Discos’ average market remittance still low at 33% The new policy directive to the Nigerian Electricity Regulatory Commission (NERC)

The Nigerian currency, the naira, has historically lost value of up to 99.7 percent relative to the United States dollar since it was

According to the research arm of First Bank of Nigeria, data gleaned from a new report series from the National Bureau of Statistics

*Reserves fell 0.89% in a month Nigeria’s foreign exchange reserves fell by 0.89 percent to $30.49 billion on May 25, 2017 from

Nigeria’s central bank said on Tuesday it will sell $100 million at a special wholesale spot and forwards auction to improve

The current returns on Federal Government bonds and treasury bills at between 13.6 percent and 18.5 percent are serving as

By Anthony Aziegbemi, PhD, Econs The 2017 Budget, known as the budget of growth and recovery is designed not only to get the country