The Central Bank of Nigeria has reported a significant drop of $276 million in foreign exchange inflows from International Money…
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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 (CBN) has intensified its efforts to protect bank customers and ensure fair treatment in the…
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions in the country, mandating them to…
The Central Bank of Nigeria (CBN) has intensified its drive to deepen financial inclusion in the country by organising a…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to revitalise its central bank digital currency (CBDC), the…
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…
Nigeria’s economy is beginning to feel the early impact of the Central Bank of Nigeria’s (CBN) sweeping reforms, as recent…
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to ease its…
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 Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has issued a stern warning to Nigerians over the…
Commercial banks reportedly withdrew about ₦1.76 trillion from the Central Bank of Nigeria as they increased cash holdings in preparation…
The Central Bank of Nigeria has given formal approval for the appointment of Aigboje “Abiagam” Aig-Imoukhuede as the new Chief…
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…
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…