Tag: CBN

In a significant development for Nigeria’s economy, the nation’s external reserves recorded a net increase of over $260 million within a single week, signaling a cautious but optimistic improvement in ...

The Federal Ministry of Housing and Urban Development has officially received a 753-unit housing estate in Abuja, formerly owned by embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. ...

The Central Bank of Nigeria (CBN) has opted to keep the Monetary Policy Rate (MPR) steady at 27.5%, signaling a cautious yet steady approach to monetary policy as it navigates ...

In a transformative step toward financial inclusion and economic integration, the Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), officially launched the Non-Resident Bank ...

The Central Bank of Nigeria (CBN) has issued a strong warning to the public, reiterating that it has not authorized any individuals, groups, or organizations to act as intermediaries or ...

The Socio-Economic Rights and Accountability Project (SERAP), a prominent Nigerian advocacy group, has escalated its campaign for transparency in the management of public funds by issuing a stern call to ...

The Central Bank of Nigeria (CBN) reported a staggering decline in interest income from the federal government’s overdraft facility, earning just N3.1 billion in 2024 compared to N1.6 trillion in ...

The Central Bank of Nigeria (CBN) conducted a highly successful Nigerian Treasury Bills (NTBs) auction on Wednesday, allotting N598.33 billion across three maturities amid strong investor demand and buoyant system ...

The Central Bank of Nigeria (CBN) reported a significant increase in its operating income, reaching N15.23 trillion in 2024, up from N5.89 trillion in 2023, according to its recently released ...

The Nigerian naira has shown relative stability in foreign exchange (FX) markets despite fluctuating dollar inflows from the Central Bank of Nigeria (CBN) and an 8% year-to-date decline in the ...