The Strait of Hormuz is a narrow, crescent-shaped strip of water separating the arid cliffs of Oman and the United Arab Emirates from the mountainous coast of Iran.

But recently, an interview and a book by the nation’s two most prominent billionaires, Aliko Dangote and Femi Otedola, respectively, have ignited passionate debates online.

CBN and The Internal Reorganization By Zekeri Idakwo Laruba A central bank cannot project monetary stability externally while experiencing internal fragmentation. What happens inside the institution ultimately determines what it can credibly communicate to the outside world. Within the Central Bank of...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday said recent inflationary pressures in the country are temporary despite headline inflation rising for two consecutive months.

The Central Bank of Nigeria (CBN) says it is stepping up efforts to address growing customer complaints over bank charges and the volume of transaction alerts received by customers across the banking system.

The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday retained the benchmark Monetary Policy Rate at 26.5 per cent at the end of its 305th meeting.