Governor Siminalayi Fubara has made first five appointments following his meeting with President Bola Tinubu and FCT Minister Nyesom Wike on Rivers crisis.
Naira strengthens as dollar supply boosts forex market stability. Improved liquidity reflects confidence, with expectations for continued stability in both markets.
The Nigerian naira is showing strong momentum in 2025 as the USD/NGN exchange rate recently slipped to ₦1,497 per dollar, its lowest level since March 2025.
The naira has closed stronger to new exchange rate both official and black markets, appreciating against the dollar, pound, and euro amid rising inflows.
Nigerian banks UBA and Zenith reported strong half-year 2025 results, with growth in earnings, profits, deposits, assets, shareholder funds, dividend.
Parallex Bank supports COWLSO’s silver jubilee legacy empowerment project, reinforcing its commitment to financial inclusion and community impact.
The Nigerian currency has reversed some of its gains recorded in recent days after it depreciates for the second consecutive days in the forex markets.
The Central Bank of Nigeria continue to intervene in the forex market to ensure there is no pressure and the latest is a $574 million sales amid rising reserves.
The Central Bank of Nigeria (CBN) has released the latest deposit interest rates for customer accounts in Deposit Money Banks (DMBs) and Merchant Banks in Nigeria.
The Central Bank of Nigeria recapitalisation deadline is looming and several Nigerian banks are racing against time to meet the requirements to keep their license.
Central Bank of Nigeria's Monetary Policy Committee (MPC) has hailed naira recent performance against the US dollar and other currencies in forex markets.
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