CBN Reforms, Others Boost Nigeria’s Investment Profile   The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria (CBN) and others, such as the harmonisation of the foreign...

Celebration or Crime? When Culture Clashes with Crucial Currency Control, by Rahma Olamide Oladosu   In Nigeria, no celebration is quite complete without the familiar flutter of naira notes cascading through the air. It is an unmistakable expression of joy, generosity, and cultural pride. From weddings...

This African proverb found new relevance when the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, began spearheading efforts to foster stronger collaboration among African central banks.

Naira Gains N3.42 Against Dollar in Official, Black Markets The Nigerian Naira remained steady against the US dollar on Thursday, June 3, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

Naira Gains Against Dollar in Official, Black Market ‎The Nigerian Naira continued its appreciated against the US dollar on Wednesday, June 2, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

Naira Strengthens Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Tuesday, June 1, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers in...