Nigeria spent about $5.47 billion in 14 months repaying debt to China, IMF, the World Bank, and others.

The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...

A statement about recruitment into the Bank of England (similar to that of the US Federal Reserve) describes the bank as an ...

The amount dropped by $435.51m from $1.31bn total letter of credit payments made via official channels in 2023 to $873.1m in ...

This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...

The Central Bank of Nigeria (CBN) made adjustments to the foreign exchange rates for cargo clearance at Nigeria's ports, ...

Atiku Bagudu, minister of budget and economic planning, says the Central Bank of Nigeria (CBN) will not exceed the 5 percent ...

CBN, in a strategic move to strengthen its operations and regulatory oversight, recently appointed 16 new directors to fill diverse ...

By Okanga Agila In the not-so-distant past, Nigeria’s economy was a fragile patient, clinging to life support. The symptoms ...

The Central Bank of Nigeria, CBN, disclosed this today in its Purchasing Managers Index , PMI, Report for February 2025.

Olayemi Cardoso, the CBN governor, said the apex bank is now more than ever, consolidating market gains and ensuring sustained ...

The naira defied the Central Bank of Nigeria's policy interventions as it depreciated against the dollar at the official ...