The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...

Olayemi Cardoso, Governor of the Central Bank of Nigeria, in a fireside chat with Nobel Prize-winning economist Dr. James Robinson, outlined Nigeria’s monetary policy direction, growth prospects, and ...

thus lowering its FX exposure,” boost net foreign reserves and external buffers, the Abuja-based Central Bank of Nigeria said in emailed statement.

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the minister of Finance and Coordinating minister of the Economy, Wale Edun, have declared that Nigeria has exited its most ...

For the Central Bank of Nigeria under the leadership of Governor Olayemi Cardoso, this forum marked a watershed moment in the effort to reconnect with international investors, reshape perceptions ...

Nigeria’s central bank has yet to clear the purchase of the National Bank of Kenya (NBK) by Lagos-headquartered Access Bank despite its Kenyan counterpart approving the deal, further delaying ...

Nigeria's naira is seen holding steady as central bank dollar sales counteract pressure from foreign investors trying to pull their money to safe havens because of U.S. President Donald Trump's ...

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in ...

The Nigeria Deposit Insurance Corporation, NDIC, has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to depositors with funds above the insured limit. A ...

According to data from the Central Bank of Nigeria, the country recorded a balance of payments surplus of $6.83bn in 2024—its first in three years—driven by a goods trade surplus of $13.17bn.

DAILY POST reports that the Central Bank of Nigeria revoked the banking license of Heritage Bank on June 3, 2024, citing regulatory infractions. The NDIC, shortly after the revocation had ...

The Central Bank of Nigeria, CBN recorded a 41.3 percent year-on-year, YoY decline in loss to N680.62 billion loss in the financial year ending December 31st 2024 from N1.16 trillion loss recorded ...