News

The World Bank has faulted the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO) policy, calling for adjustments ...
Foreign direct investment into Nigeria sank nearly 50%, central bank data shows, despite headline-grabbing pledges from ...
The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...
The naira on Wednesday appreciated further at the official foreign exchange (FX) market, a day after the Central Bank of ...
The World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025.The World Bank attributed the anticipated decline to the Central Bank of Nigeria’s tight monetary stance ...
Taimur Samad, the World Bank’s Country Director for Nigeria, speaking at the lunch, stated that Nigeria's macroeconomic ...
"For too long, many Nigerians abroad have faced difficulties accessing financial services at home due to physical verification requirements." ...
Nigeria’s foreign exchange earnings have come under fresh threat following plans by the United States’ Congress to impose a ...
A review of the Central Bank of Nigeria's financial statement for the year ended December 2024 has shown that the personnel ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
Mr. Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial inclusion ...
Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...