Nigeria recorded a $6.83 billion balance of payments surplus in 2024, the first positive external account in three years. The Central Bank of Nigeria (CBN) attributed...
The Central Bank of Nigeria (CBN) intervened in the foreign exchange market on Friday by selling $197.71 million to authorized dealers in an effort to stabilize...
The Central Bank of Nigeria (CBN) has reiterated its commitment to combating financial crimes and safeguarding the nation’s financial system by reinforcing anti-money laundering (AML) measures...
The Central Bank of Nigeria (CBN) has voted to hold all key interest rates steady at 27.5% as the Monetary Policy Committee (MPC) wrapped up its first...
Nigeria’s broad money supply (M3) rose by 117.3% year-on-year to N110.98 trillion in January 2025 from N94.61 trillion in January 2024, according to the latest data...
Nigeria’s central bank is expected to keep its benchmark interest rate steady at 27.5% on Thursday, against the aggressive tightening it has been practicing since 2022....
The Central Bank of Nigeria (CBN) has directed all Nigerian banks to reduce their insider loans within the next six months as part of measures to enhance...
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has called for stronger economic ties between Nigeria, the Middle East and the Nigerian diaspora community in the...
The Central Bank of Nigeria (CBN) has scrapped free withdrawals for off-network ATM transactions and introduced new charges that will take effect from March 1, 2025....
The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC) planned for February 17–18 to February 18–19, 2025. In...