The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

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 ...

Nigeria's broad money supply (M3) has surged to a historic N114.2 trillion in March 2025, defying the CBN's aggressive ...

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 ...

"In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new N5,000 and N10,000 notes ...

The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...

The Nigerian naira depreciated further in the official foreign exchange market on Thursday, falling to N1,600.50/$1. This is according to ...

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 ...