Joy FM, 96.5 Otukpo, established in 2006, was the first private radio station in North-Central Nigeria. The station, which covers at least seven states in Nigeria due to its high-frequency ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

According to the CBN governor, Olayemi Cardoso, the review of the eNaira will identify and address key barriers to adoption, with a focus on fostering trust, usability, and widespread acceptance ...

Nigeria’s external reserves dropped to $39.991 billion on 23 January, 2025 from $40.035 billion on 20 January, the same year. This was contained in Central Bank of Nigeria’s data on external ...

He criticized the Central Bank of Nigeria’s (CBN) approach, suggesting a recalibration of monetary policies to mitigate the adverse effects on businesses. Oye, however, expressed optimism about ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the apex regulator was going to build on the traction it has made in terms of reforms in the foreign exchange market ...

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season.

The Central Bank of Nigeria, CBN, yesterday released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate risks following various positive transformations in the country’s financial ...

For consistently ignoring its summons to appear before it, the Senate has threatened Chief Executive Officers of certain federal government revenue agencies, corporations, and parastatals with ...

In response to the recent uptick in inflation, the Central Bank of Nigeria is likely to sustain interest rate hikes in 2025. But this is unlikely to tame inflation in a significant way ...

It's worth noting that, according to the Banks and Other Financial Institutions Act (BOFIA), the Central Bank of Nigeria (CBN) also has the power to apply for a court order to freeze bank accounts ...