The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and ...

The CBN’s January economic report sheds further light on this shift, highlighting a significant drop in inflows through the ...

The Nigerian naira depreciated further in the official foreign exchange market on Thursday, falling to N1,600.50/$1. This is according to ...

"In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new N5,000 and N10,000 notes ...

Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...

The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

As currency outside bank hits N4.59 trn …Credit to govt rises 4% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) increased ...

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial ...

The state has approved the full acquisition of the National Bank of Kenya (NBK) by Nigeria’s Access Bank. The approval by ...