The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024 ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated ...

Nigeria’s Net Foreign Exchange Reserves rose significantly to $23.11bn at the end of 2024, marking the highest level in over three years, according to the Central Bank of Nigeria.In a press statement ...

Nigeria Deposits Insurance Corporation, NDIC has said that it will commence payment of deposits above N5 million in the ...

Nigeria's electricity production fell 1.64% year-on-year in Q4 2024, despite overall economic expansion and quarterly ...

Nigeria's foreign reserves depreciated by $2.55 billion in the first quarter (Q1) of 2025. Analysis further showed that the decline is the highest in the first quarter of the last five years.

A report by the Central Bank of Nigeria (CBN) has placed the blame for Nigeria’s ongoing inflation crisis on insecurity and infrastructural deficits. The report, which is part of Nigeria's periodic ...

JOHANNESBURG (Reuters) - The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming ...

Depositors with funds of N5 million and above in the now-defunct Heritage Bank have appealed to the National Assembly to ...

“At the CBN, we are proud to be part of this global movement. Women now make up 35 per cent of recently appointed directors ...

(Bloomberg) -- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the ...