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...
The House of Representatives has directed the Central Bank of Nigeria (CBN) to remit N3.64 trillion to the Federal Government within 14 days,...
The Nigerian naira has continued its depreciation against the US dollar at the official foreign exchange market, closing at N1,605/$1 on Thursday. Persecondnews...
Nigeria’s economy has seen a significant turnaround, with the Central Bank of Nigeria (CBN) announcing a Balance of Payments (BOP) surplus of $6.83...
The Central Bank of Nigeria (CBN) has expressed concerns over the growing trend of illicit transactions involving banknotes, warning that this practice threatens...
The Supreme Court has ordered the Martins Amaewhule-led faction of the Rivers State House of Assembly and other elected members to resume legislative...
Nigeria’s net domestic credit has witnessed a significant decline, dropping to N99.41 trillion in January 2025. This represents a contraction of N16.17 trillion...
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has reiterated the apex bank’s commitment to leveraging digitalization and technology-driven...
The Central Bank of Nigeria (CBN) has announced a review of transaction fees for automated teller machines (ATMs), with revised charges set to...
The Nigerian naira has reached its strongest level in the unofficial market this year, trading at N1,520 to the US dollar in the...
The Central Bank of Nigeria (CBN) has announced a new date for the 299th Monetary Policy Committee (MPC) meeting, which was initially scheduled...
The Central Bank of Nigeria (CBN) has announced a staggering 283.42 percent oversubscription of the 364-day Treasury Bills auction, which took place on...
The controversial tax reform bill has come to stay, so declared President Bola Tinubu on Monday night while fieding questions from editors during...
The Central Bank of Nigeria (CBN) has introduced a new policy aimed at promoting a cashless economy and enhancing the security and accountability...
