The governor of the Central Bank of Nigeria (CBN) has said that the intervention of the monetary policy committee prevented ...

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

He stressed the enforceability of the new FX Code is supported by the CBN Act of 2027, and the Banks and Other Financial ...

The Central Bank of Nigeria (CBN) says it has successfully cleared the $7 billion foreign exchange (FX) backlog.

Olayemi Cardoso, Nigeria’s central bank governor has said the recent recovery of the naira could be tied to the various ...

Businesses anticipate Naira appreciation, projecting a 29% rise by mid-2025, driven by CBN forex reforms and market confidence.

Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record decline in inflation, with continued increase in foreign exchange inflow ...

According to the latest data from the National Bureau ... and Other Financial Institutions and National Planning in 2024, the Governor of the CBN, Olayemi Cardoso, revealed the 21.40 per cent ...

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

The Governor of the Central Bank ... Last year, the CBN made several attempts to stabilise the naira, the latest being the introduction of the Electronic Foreign Exchange Matching System, which ...