News

The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...
A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...
The Central Bank of Nigeria (CBN) has announced the initiation of mystery shopping exercises across bureau de change (BDC) outlets ...
The CBN’s January economic report sheds further light on this shift, highlighting a significant drop in inflows through the ...
The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan ...
Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
As currency outside bank hits N4.59 trn …Credit to govt rises 4% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) increased ...
Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...