High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

A new report has highlighted how the structure of Nigeria’s banking system is stifling savings, wealth creation, and economic ...

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

The Central Bank of Nigeria (CBN) has increased exchange rate to clear goods at the nations ports as Nigeria Customs begins ...

Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...

Credit default rates surged in Q4 2024 as corporate lending and unsecured loans increased, CBN report reveals.

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

Some of the reforms done by Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, have started paying off as foreign investors take ...

PwC has said Nigeria’s total debt in 2025 will be shaped by its exchange rate dynamics and planned fiscal deficit.