Nigerian commercial banks have significantly increased the volume of overnight deposits placed with the Central Bank of Nigeria (CBN), ...

ShareThe failure of sustained monetary policy tightening to curb rising liquidity and high inflation in Nigeria “poses a dual ...

Despite their fundamental similarity as short-term government debt instruments, Open Market Operations (OMO) bills ...

Nigeria’s Central Bank (CBN) has officially approved the launch of open banking, mandating that banks begin sharing customer ...

Nigeria’s local currency, the naira, came under renewed pressure this week as it slid to ₦1,612 per dollar at the official foreign exchange window on Wednesday, May 7, 2025. This marks a slight ...

The Naira depreciated to N1,612/$1 at the official Nigerian Foreign Exchange Market (NFEM) on Wednesday, May 7, 2025, down from ...

The House of Representatives has launched an investigation into the disbursement and utilisation of the N200 billion Central Bank of ...

The governor of the Central Bank of Nigeria, Olayemi Cardoso during a recent meeting with maritime journalist highlighted the ...

Once upon a recent past, Nigeria’s central banking fortress stood clouded in opacity. In that era, the word “transparency” rarely made it past the corridors ...

The Central Bank of Nigeria (CBN) has activated market-driven pricing for the naira, significantly enhancing transparency and restoring investor confidence. With disciplined reforms and policy clarity ...