Financial institutions submitted 41,716,214 Currency Transaction Reports to the Nigerian Financial Intelligence Unit in 2025 as authorities intensified monitoring of large financial transactions across the economy....
The Central Bank of Nigeria (CBN) has called off a planned N700 billion Treasury bills auction after withdrawing N4.69 trillion from the financial system through two...
The volume of cash circulating outside Nigeria’s banking system declined significantly in the first half of 2026, suggesting that more physical currency is finding its way...
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reducing inflation to single digits over the medium term through data-driven monetary policy and improved...
Despite easing headline inflation, the Central Bank of Nigeria (CBN) held its benchmark interest rate at 26.5 percent as rising food costs, geopolitical tensions and potential...
The Central Bank of Nigeria (CBN) has said the recently concluded banking-sector recapitalisation exercise has improved the resilience of Nigerian banks and strengthened the financial system’s...
The Central Bank of Nigeria (CBN) has retained its benchmark interest rate at 26.5 percent following the conclusion of the Monetary Policy Committee’s 306th meeting. The...
The Central Bank of Nigeria (CBN)’s Monetary Policy Committee commenced its two-day meeting on Monday as policymakers assess whether easing inflation provides sufficient justification for another...
The Central Bank of Nigeria (CBN) has placed Bureau De Change transactions under closer digital supervision as it seeks to prevent foreign currency obtained through official...
The Central Bank of Nigeria (CBN) has indicated that the country’s extended period of disinflation could eventually create room for lower interest rates. CBN Governor Olayemi...