The Central Bank of Nigeria has given formal approval for the appointment of Aigboje “Abiagam” Aig-Imoukhuede as the new Chief…
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Nigeria has witnessed a significant rise in currency circulating outside the banking system, as cash held by individuals and businesses…
The Central Bank of Nigeria has confirmed that a total of 27 banks have successfully mobilised fresh capital as part…
The Central Bank of Nigeria has disclosed that commercial banks extended a total of N74.41 trillion in credit to the…
Nigeria’s foreign trade payments through Letters of Credit (LCs) rose to $267.96 million in the first four months of 2025,…
The Central Bank of Nigeria has reported a significant drop of $276 million in foreign exchange inflows from International Money…
The Central Bank of Nigeria (CBN) has announced a reduction in interest rates, a move it says is intended to…
Nigerian banks are bracing for fresh challenges as the Central Bank of Nigeria (CBN) rolled out new liquidity requirements that…
The Central Bank of Nigeria has projected that the country’s foreign exchange reserves could rise to about $51 billion by…
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) terminals across the country be geo-tagged…
Nigeria’s foreign exchange reserves have recorded a significant boost, gaining about $900 million within a three-day period, marking one of…
Governor of the Central Bank of Nigeria, Olayemi Michael Cardoso, has been named Central Bank Governor of the Year…
Calls have intensified for the Central Bank of Nigeria (CBN) to introduce higher denominations — specifically N10,000 and N20,000 single…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has issued a stern warning to Nigerians over the…
Nigeria’s economy may be on the brink of a monetary policy shift as the country records another decline in inflation,…
Nigeria’s foreign exchange reserves have surged to $42 billion, marking their highest level in six years, a development that analysts…
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to ease its…
Nigeria’s economy is beginning to feel the early impact of the Central Bank of Nigeria’s (CBN) sweeping reforms, as recent…
The Central Bank of Nigeria (CBN) has announced a reduction in its benchmark interest rate, lowering the Monetary Policy Rate…
Nigeria’s recent decision by the Central Bank’s Monetary Policy Committee (MPC) to raise the benchmark interest rate has thrust currency…