Central Bank of Nigeria
Nigerian Naira Gains Against Dollar as External Reserves Climb to $51.87 Billion
Nigeria's embattled currency recorded a rare victory on Wednesday as the Naira strengthened against the US dollar at the official foreign exchange market,...
CBN Retains Interest Rate at 26.5 Percent Amid Inflation Concerns
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, at 26.5 percent as part of efforts to sustain macroeconomic...
Naira Weakens Slightly Against Dollar at Official and Black Markets
The Nigerian naira recorded a slight depreciation against the United States dollar on Tuesday, May 19, 2026, across both the official Nigerian Foreign...
Naira Depreciates Against Dollar in Parallel and Official Markets
The Nigerian naira recorded another decline against the United States dollar yesterday as pressure continued across both the parallel and official foreign exchange...
OPay Partners CBN to Promote Financial Literacy Among Nigerian Youth
OPay partnered with the Central Bank of Nigeria during the Global Money Week 2026 Financial Literacy Fair and Exhibition held in Abuja to...
Zenith Bank Founder Jim Ovia Retires as Chairman After 12 Year Tenure
Zenith Bank has officially announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure in line...
Nigerian Telcos Defend USSD Charges Amid Rising Consumer Complaints
Telecommunications operators in Nigeria, under the Association of Licensed Telecommunications Operators of Nigeria, have justified the N6.98 USSD fee charged on banking transactions,...
OPay Leads Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026
OPay took center stage as the headline sponsor of the inaugural BusinessDay Fintech Summit 2026 held on April 22, 2026, at the Oriental...
Naira Opens April 2026 Trading Week with Relative Firmness Amid FX Market Pressure
The Nigerian currency, the Nigerian Naira, began the final trading week of April 2026 with mild firmness as foreign exchange markets continue adjusting...
Pound Sterling Opens Week Strong Against Naira Amid FX Market Pressure
The British currency, the British Pound Sterling, began the trading week on Monday, April 27, 2026, with heightened activity against the Nigerian currency...
