Businesses Anticipate Higher Interest Rates, Inflation – CBN
Nigerians and businesses operating in the country are bracing for tighter financial conditions over the coming months, anticipating both higher ...
Tag: Central Bank of Nigeria (CBN)
Experts Back CBN’s Plan To Revive eNaira, Urge Better Implementation
Moves by the Central Bank of Nigeria (CBN) to revive its digital currency, the eNaira, three years after its launch, ...
Reps Probe CBN’s N59bn Meter Loan Disbursement To DisCos
The House of Representatives has initiated an investigation into how the N59 billion loan from the Central Bank of Nigeria ...
Foreign Exchange Inflow Slows On Global Uncertainty
Foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) slowed in April, reflecting the impact of the ongoing tariff ...
From Brink To Beacon: CBN Signals New Dawn With Financial Performance
Once upon a recent past, Nigeria’s central banking fortress stood clouded in opacity. In that era, the word “transparency” rarely ...
CBN Posts ₦165bn Surplus In 2024, Boosts External Reserves To $38.8bn
The Central Bank of Nigeria (CBN) has recorded a strong turnaround in its financial performance for 2024, posting a surplus ...
Naira Redesign Hardship: Court Strikes Out N1bn Suit Against Buhari, Emefiele, CBN
Justice Inyang Edem Ekwo of the Federal High Court sitting in Abuja has struck out a N1 billion suit filed ...
Adopt PAPSS For Transaction Processing, CBN Directs Banks
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and ...
Nigeria Has Exited Turbulent Economic Period – Cardoso, Edun
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the minister of Finance and Coordinating minister of the ...
Hajj: Pilgrims To Get Travel Cash After VP’s Intervention
The Central Bank of Nigeria (CBN) has approved cash-based Basic Travel Allowance (BTA) for Nigerian pilgrims participating in the 2025 ...
