By Samuel Akpan The Central Bank of Nigeria (CBN) has floated a N2.5 trillion Open Market Operations auction today to almost exactly offset...
Nigeria’s foreign exchange reserves climbed to $55.25 billion in September 2026, up from $53.81 billion recorded at the end of August. The latest...
By Samuel Akpan The Federal Government and the Central Bank of Nigeria (CBN) have locked fiscal and monetary policy into a binding coordination...
By Samuel Akpan The Central Bank of Nigeria (CBN) has ordered all banks and financial institutions to immediately freeze accounts linked to terrorism...
In a bid to curb inflation and stabilize the naira, the Central Bank of Nigeria (CBN) has left its monetary policy rate unchanged...
The Central Bank of Nigeria (CBN) is charting a measured path to economic recovery, crediting its sweeping monetary and banking overhaul with driving...
The Central Bank of Nigeria (CBN) has introduced new provisions to the revised regulatory framework governing the Bank Verification Number (BVN) operations and...
The Central Bank of Nigeria (CBN) has directed financial institutions across the country to restrict banking services for borrowers carrying large non-performing loans....
Nigeria’s Central Bank has warned that the rapid expansion of private digital payments and stablecoins could destabilize foreign exchange markets and trigger significant...
The Central Bank of Nigeria (CBN) has called on banks and financial institutions to take urgent action against emerging electronic fraud threats, emphasizing...
The operating licences of Aso Savings and Loans Plc and the Union Homes Savings and Loans Plc have been revoked, according to the...
The Central Bank of Nigeria (CBN) has removed the limit on cash deposits and increased the weekly cash withdrawal limit across all channels...
The Federal Government and the Central Bank of Nigeria (CBN) have rolled out a new economic framework called the “Dis‑Inflation and Growth Acceleration...
In a bid to enhance bilateral cooperation and knowledge sharing, the Central Bank of Nigeria (CBN) and the Bank of Angola have signed...
Nigeria’s journey towards a cashless economy is gaining momentum, with electronic payment transactions surging to N384 trillion in July 2025. This significant growth...
The Central Bank of Nigeria (CBN) has retained its benchmark interest rate, the Monetary Policy Rate (MPR), at 27.5 percent, citing underlying pressure...
