The Central Bank of Nigeria says it is committed to harnessing the power of digital technologies to enhance financial inclusion.
In recent times the Naira, Nigeria’s legal tender, appears to be getting stronger after an all-time low of N1, 900 in exchange to the dollar in...
The Central Bank of Nigeria (CBN) has warned bank customers to desist from using foreign currency as collateral for Naira loans.
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of N1,101 to...
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO)...
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled.
The Central Bank of Nigeria (CBN) has donated over 2 million bags of fertilisers worth N100 billion to farmers through the Federal Ministry of Agriculture and...
The Director-General, West African Monetary Zone (WAMZ), Dr Olorunsola Olowofeso, says expectation for an ECOWAS Single Currency by 2027 is no longer realistic.
The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February.