Browsing: Naira

The World Bank has said that the tightening of the monetary policy by the Central Bank of Nigeria (CBN), will

The African Export-Import Bank (Afreximbank) has unveiled the 2024 edition of its African Trade Report and

Mr Osi Okonkwo, General Manager, FranzEnergy Ltd, says the development of renewable energy resources can

The 30th General Assembly of the African Organisation for Standardisation (ARSO) would converge on Abuja to

The Nigerian-British Chamber of Commerce (NBCC) has stated the need for Nigerian and British

The apex bank priced Nigerian Treasury bills’ spot rates lower Thursday at the just-concluded primary market auction held ahead of inflation data. The recent spot rate pricing indicates that the monetary authority is leading efforts to reduce balance-sheet funding costs.

The Nigerian naira lost against the US dollar across forex markets on Thursday due to speculative demand for foreign currency. The apex bank has slowed down FX sales to boost the supply side, causing naira pricing to get messy ahead of inflation data.

Fitch Ratings has affirmed Jaiz Bank PLC’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ and it viability

Three among top big banks in Nigeria (GTCO, Zenith and UBA Plc) were seen gaining investors’

The US dollar pared prior gains over most major counterparts in early trade on Thursday after producer price