Nigeria has witnessed a significant rise in currency circulating outside the banking system, as cash held by individuals and businesses…
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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…
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 Central Bank of Nigeria (CBN) has once again held the benchmark interest rate steady at 27.50%, signaling its continued…
The Central Bank of Nigeria has reported a significant drop in interest earnings from the Federal Government’s Ways and Means…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank…
Nigeria’s foreign reserves have reached a level that could finance up to 10 months of the nation’s import bill, according…
The Central Bank of Nigeria (CBN) has raised fresh concerns over the growing abuse of the naira, warning that the…
TAJBank Limited, one of Nigeria’s leading non-interest financial institutions, has confirmed that it has successfully met the new capital requirement…
The Central Bank of Nigeria has intensified efforts to attract global investors by rolling out a series of far-reaching reforms…
The Central Bank of Nigeria has generated N192 million from penalties imposed on 82 Bureau de Change operators over regulatory…
The Central Bank of Nigeria has directed all banks and financial institutions to implement enhanced security measures for foreign card…
Commercial banks in Nigeria are undertaking significant measures to bolster their capital base in response to the Central Bank of…