The Central Bank of Nigeria (CNB) paid out an additional $400 million in legitimate foreign exchange backlog to individuals who were properly identified, according to CBN...
The Central Bank of Nigeria (CBN), during its Monetary Policy Committee (MPC) meeting on Tuesday, raised its benchmark interest rate, the Monetary Policy Rate (MPR), by...
Nigeria’s central bank, the CBN, has released new regulations dubbed ‘Exposure Draft of the Risk-based Cyber Cyber-security Framework and Guidelines for Deposit Money Banks, or DMBs,...
The United Nations Conference on Trade and Development (UNCTAD) expressed alarm over the mounting disruptions to business, which have been linked to a 42% reduction in...
Eight brown and green field hydropower projects built through public-private partnerships are expected to yield 1,268 megawatts of electricity, according to the Nigerian government. It was...
In an effort to reduce national debt and increase the amount of money in circulation in the face of a lack of foreign currency, the Bank...
Governments, commercial banks, merchant banks, other financial institutions (OFIs) and public officials are among the groups that the Central Bank of Nigeria (CBN) has prohibited from...
The International Monetary Fund (IMF) has reported that talks to expand Egypt’s loan programme are going well. The IMF stated that Egypt needed a “very comprehensive...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will have its first interest rate meeting since July next week, after the Senate on...
Following consistent drastic monetary policy interventions by its central bank, Zambia’s currency, the kwacha, has become Africa’s best-performing currency against the US dollar thus far this...