Naira weakens against the US dollar despite rising external reserves nearing $46 billion, as analysts warn of ongoing FX ...

The Central Bank of Nigeria continues strategic interventions, managing foreign reserves, and exchange rates to stabilize the ...

SEC sharply increases capital thresholds across the securities industry Brokers, asset managers, issuers, and digital asset firms face higher requirements Reform could accelerate consolidation despite ...

The Nigerian currency hit the highest level in October 2025 against the US dollar amid $43.17 billion rise in external reserves Data from the Central Bank of Nigeria (CBN) indicated that the naira ...

The Dangote Refinery’s suspension of naira-based sales has jolted Nigeria’s oil market, prompting petrol hoarding and price speculation. Officials hope to resolve the impasse between Aliko Dangote and ...

The Trade Union Congress of Nigeria (TUC) has asked the Central Bank of Nigeria (CBN) to put an end to the naira scarcity across the country. The Congress said its affiliates and allies would be ...

As the Nigerian Naira records its worst performance yet against the US dollar in weeks as US dollar liquidity in Nigeria plunges, bitcoin continues to rally ahead to within its All-Time High (ATH) ...

By Elisha Bala-Gbogbo ABUJA, Jan 16 (Reuters) - Nigeria's markets regulator has sharply raised capital requirements across ...

ABUJA, April 8 (Reuters) - Nigeria's central bank has barred commercial lenders from accepting foreign currency-denominated collateral to grant naira loans, a move that could protect the banking ...