Markets
This represents a significant increase of N34.59 billion compared to the N17.67 billion recorded in 2023. The NIBSS Fraud Report documents fraud activities, whether...
Hi, what are you looking for?
The Central Bank of Nigeria has provided updates to the financial market, investors and the public on the recent movements in the foreign exchange...
Global stock markets extended their recent rout at the weekend, with S&P 500 companies wiping out $5 trillion in stock market value since U.S....
The Nigerian naira faced mixed fortunes on Wednesday, April 3, 2025, depreciating at the official market while remaining stable on the parallel window. At...
The Nigerian equity market continues to gain traction, with 11 listed companies boasting a market capitalisation of over US$1bn as of April 10, 2025....
Global financial services firm, JP Morgan Chase, yesterday, warned that the substantial decline in oil prices below its break-even of $60 per barrel, will...
This represents a significant increase of N34.59 billion compared to the N17.67 billion recorded in 2023. The NIBSS Fraud Report documents fraud activities, whether...
The bureau said the growth rate is also higher than the 3.46 percent recorded in the fourth quarter of 2023. According to the report,...
On November 26, 2024, the CBN directed all banks operating in the interbank foreign exchange market to adopt the Bloomberg BMatch System for trading....
Cryptocurrency exchange Bybit successfully covered its $1.46 billion loss from a recent hacker attack through a combination of loans, whale deposits, and Ethereum (ETH)...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its...
The naira’s strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market on Wednesday, February 19,...
The Bureau De Change (BDC) operators have attributed the recent strong performance of the naira to the implementation of the Central Bank of Nigeria...
In the past week, the naira experienced a mixed performance across various segments, reflecting the Central Bank of Nigeria’s ongoing efforts to stabilise the...
The purpose of the CBN directive was to implement the January 31 deadline.
According to Aminu Gwadabe, President of the Association of Bureau De Change Operators of Nigeria (ABCON), the Central Bank of Nigeria’s (CBN) foreign exchange...