The Nigerian Senate has passed a bill amending the Central Bank of Nigeria (CBN) Act to allow the federal government to double its Ways and Means...
Nigerian foreign investments surged following the Central Bank of Nigeria’s (CBN) recent bank recapitalisation program. The CBN Governor, Olayemi Cardoso, stated this during an event in...
The Central Bank of Nigeria (CBN) has implemented a significant adjustment to its borrowing rates. The move, which follows the CBN’s recent decision to adjust the...
The Central Bank of Nigeria (CBN) has excluded Bureau De Change (BDC) operators from its latest allocation of $122.67 million in forex sales. This decision, announced...
The Central Bank of Nigeria (CBN) has announced plans to double diaspora remittance flows to $39 billion by 2025. CBN Governor Olayemi Cardoso unveiled this plan...
Nigeria’s foreign reserves climbed to $35.05 billion as of Monday, according to the latest data from the Central Bank of Nigeria (CBN). This represents a significant...
The Central Bank of Nigeria (CBN) has announced plans to auction N166.1 billion in Treasury bills. This auction comes amidst a flurry of economic data releases...
Nigerian Deposit Money Banks borrowed N5.38 trillion from the Central Bank of Nigeria (CBN) in the first five days of July 2024. This was a 245...
The Central Bank of Nigeria (CBN) has expressed satisfaction with the strides made in stabilizing the naira as excessive volatility appears to be subsiding. Speaking in...
The World Bank has approved a $2.25 billion funding package aimed at stabilizing the economy and assisting the most vulnerable segments of the population. The Washington-based...