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...
Nigeria’s naira appreciated by 0.6 percent against the United States dollar on Wednesday after the Central Bank of Nigeria confirmed an increase in net foreign exchange...
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 Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to direct the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi...
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...
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...
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...
The Central Bank of Nigeria (CBN) has reinforced its commitment to transparency and stability in the foreign exchange market with the successful implementation of the Nigeria...