The Central Bank of Nigeria has provided a breakdown of amount spent on currency issues in 2024 which include printing, ...

The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...

The release of the Central Bank of Nigeria’s 2024 financial statement reveals more than a set of troubling numbers; it marks ...

Nigeria’s apex bank, the Central Bank of Nigeria (CBN), saw a dramatic spike in its currency management costs in 2024, spending a staggering N315.18 billion on issuing and managing cash—a more ...

Comedian and actor Ayo Makun, alias AY, has broken his silence following his recent invitation by the Economic and Financial ...

In 2021, Nigeria became the first African country to launch a central bank-backed digital currency, the eNaira, aimed at driving financial inclusion, reducing the cost of cash transactions ...

The Central Bank of Nigeria's Monetary Policy Committee will meet in May, and markets expect a potential interest rate hike or liquidity tightening to counter inflation and stabilize the currency.

The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent ...