Businesses Plan Increased Spending Amid Inflation Concerns
Despite mounting concerns over Nigeria’s high inflation, nearly half of the country’s business operators are preparing to increase their spending ...
Tag: Central Bank of Nigeria (CBN)
1,500 Bureau De Change To Shut Down As Recapitalisation Deadline Elapses
About 1,500 Bureau De Change (BDC) operators may have to shut down operations across Nigeria as the Central Bank of ...
CBN’s Hold Stance Spurs Money Supply Increase To N119.10trn In April
Money supply (M3) in Nigeria’s economy surged to an all-time high of N119.10 trillion in April 2025, even as the ...
CBN Unveils 3 Liquidity Instruments To Boost Non-interest Financial Institutions
The Central Bank of Nigeria (CBN) has introduced new liquidity management instruments targeted at Non-Interest Financial Institutions (NIFIs), in a ...
Diaspora Remittances Hit $328.8m In 4 Months, Debt Gulps $2bn
Nigerians living abroad in the first four months of this year sent $328.76 million back home in direct remittances, even ...
CBN’s Strategic Monetary Policy Hold Reflects Economic Confidence?
After months of rigorous monetary tightening, the Central Bank of Nigeria (CBN) has chosen to apply the brakes—at least momentarily. ...
CBN Donates Fire-fighting Caddy In Bauchi
The Central Bank of Nigeria, (CBN), Bauchi State branch, has donated a Motorised Fire Caddy to the Federal Fire Service, ...
CBN To Automate AML/CFT Standards
The Central Bank of Nigeria (CBN) is working on introducing the automation of Anti Money Laundering and Combating Financing Terrorism ...
Naira Gains N8.23 After CBN Interest Rate Hold
The naira appreciated by 0.5 per cent against the United States dollar after the decision by the Central Bank of ...
Cut Interest Rate Now, Manufacturers Beg CBN
Manufacturers have appealed to the Central Bank of Nigeria (CBN) to cut interest rates to safeguard the industrial base from ...
