A CBN report has shown that in the first half of 2024, Nigerians conducted transactions on POS terminals, far exceeding the ...

Nigerian banks borrowed N8.2 trillion from the Central Bank of Nigeria (CBN) in the first 17 days of 2025 to deal with a cash ...

Nigeria may not see significant foreign funds inflow this year because of its negative real interest rates resulting from ...

Nigeria’s FX reserves have dropped by $832.62 million in two weeks – between January 6 and January 21, hurting the country’s ...

The Central Bank of Nigeria (CBN) on Friday failed to convince the Court of Appeal in Abuja to dismiss a case seeking judicial review of records of total demonetized coins between 2017 and 2020. The ...

This department will be inward-facing and outward-facing as well. The department will be functional by the end of February, ...

CBN said there is a great deal of untapped potential in the Nigeria's expanding creative sector—which encompasses digital exports, crafts, music, and film.

CBN has projected Nigeria’s GDP growth at 4.17% in 2025, driven by fiscal reforms, stable oil prices. The Central Bank of ...

The Purchasing Managers’ Index (PMI) for Nigeria rebounded in December 2024, indicating a return to economic expansion after ...

Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record decline in inflation, with continued increase in foreign exchange inflow ...

CBN Governor Olayemi Cardoso, emphasized the bank’s focus on three key pillars: price stability, financial system resilience, ...

The Central Bank of Nigeria (CBN) has encouraged businesses to take advantage of the weak naira to explore export ...