Nigerian banks face a recapitalisation deadline by 2026, with the CBN enforcing strict rules to guide the sourcing of funds. Some banks may downgrade by 2026.

The Ogun State Government has engaged with the Central Bank of Nigeria (CBN) and Wema Bank, the financial institution managing the Anchor Borrowers’ Programme in the state, to address complaints of ...

The Central Bank of Nigeria has increase the Customs Duty exchange rate to clear goods at the ports and also airports as ...

The Central Bank of Nigeria made a $197.71 million investment in the foreign exchange market on Friday in order to preserve ...

The Central Bank of Nigeria (CBN) says Nigeria’s net foreign exchange (FX) reserves (NFER) stood at $23.11 billion in 2024, ...

The Central Bank of Nigeria (CBN) has reported high loan default rates among Large Private Non-Financial Corporations (PNFCs) and Other ...

The challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new ...

The Central Bank of Nigeria (CBN) may begin to slow down the pace of absorbing inflows in net reserves to give a breather to ...

The Central Bank of Nigeria has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as part of its ...

The Central Bank of Nigeria (CBN) had yesterday April 1 2025, reported a substantial improvement in its Net Foreign Exchange ...

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial ...