The Central Bank of Nigeria (CBN) has once again brought to the forefront a persistent yet underappreciated challenge in the ...

The increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...

The Deputy Governor (Corporate Services) of the Central Bank of Nigeria, Ms. Emem Usoro, has called for the inclusion of ...

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

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

Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on the apex bank’s ...

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

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 ...