Central Bank Of Nigeria
latest news & developments
Top South African companies trip up in Nigeria
Local firms have struggled to adapt to the regulatory environment and the dynamics of an unpredictable market
Nigeria’s tech community was booming. Now it’s in shock
The government’s sudden ban of Twitter could jeopardise one of the country’s most promising industries
Bitcoin booms in Nigeria as naira flags
Nigeria’s central bank has repeatedly warned against the risks of investing in cryptocurrencies and even ordered local banks to close accounts trading in them.
Bitcoin: Nigeria bites back against cryptocurrency trading
On 5 February Nigeria’s central bank banned crypto transactions, but industry analysts are confident the sector will find a workaround.
Nigerian central bankers charged with fraud
Six bankers have been charged with fraud in a R480-million currency switching scam, a ‘systematic scheme’ that had been running for years.
Economic week ahead: Updated global growth forecast
The IMF will update its global economic outlook this week, while investors look at a rates decision in Nigeria and inflation numbers in South Africa.
Nigeria’s naira drops as investor flows reduce
The central bank of Nigeria has felt the effects of its decison to relax the weekly limit on trading in dollars.