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 ...
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has pledged to work harder to preserve the benefits of recent economic reforms and achieve single-digit inflation. Speaking at ...
Tony Elumelu, Chairman of United Bank for Africa Plc (UBA), assured stakeholders that the bank will meet the Central Bank of Nigeria’s (CBN) N500 billion minimum capital requirement for international ...
The Central Bank of Nigeria (CBN) raised N1.008 trillion at its Friday Open Market Operations (OMO) auction, driven by a 102% oversubscription due to strong investor demand. This reflects the ...
On Tuesday, the Nigerian naira maintained a stable position in the official foreign exchange market, with the Central Bank of Nigeria (CBN) achieving its highest dollar sales within the past ...
According to the latest data from the Central Bank of Nigeria (CBN), Nigeria’s currency in circulation fell to ₦5 trillion in March 2025 Currency in circulation refers to the total ...
According to the Central Bank of Nigeria (CBN), the proposed US dollar exchange rate as of April 21, 2025, is ₦1,599.9384. This marks a 0.28% decline in the USD/NGN rate ...
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