The Central Bank of Nigeria (CBN) has denied devaluing the Nigerian Naira from N464.67 per dollar to N631 reported by some online platforms.
Broad money supply (M3) in April 2023 grew by 22.11%
The Central Bank of Nigeria (CBN) led monetary policy committee has raised Nigeria’s interest rate by 50 basis points from 18% to 18.5% as the inflation...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the apex bank has disbursed a total sum of N173.3 billion to various...
The Central Bank of Nigeria (CBN) has stated that the renewed fears of a global financial contagion are forcing investors to move away from the equities...
Nigeria is expected to devalue its local currency, the naira, by approximately 15% following the inauguration of President-elect Bola Tinubu on May 29. This decision comes...
Governor of the Central Bank of Nigeria Godwin Emefiele has called on telecommunication companies and Deposit Money Banks (DMBs) operating in the country, to resolve their...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that the banking sector is dedicated to expanding foreign exchange supply in the...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has reported that the country’s RT200 export rebate programme has made significant progress in repatriating export proceeds...
The Central Bank of Nigeria (CBN) has issued guidelines regulating the activities of foreign banks’ representative offices in the country. In a circular directed to all...