The International Monetary Fund has cautioned the Central Bank of Nigeria and other monetary authorities against rushing into ...
Nigerian banks charge exorbitant interest rates on loans while offering minimal returns on savings. Learn about the impact on ...
The policy divide within the Central Bank of Nigeria’s Monetary Policy Committee (MPC) is expected to widen at its next ...
THE Central Bank of Nigeria (CBN) on Tuesday, rejected all subscriptions totalling about #4.9 trillion at its Open Market ...
Following the slow start to business activities in 2026, which has further raised credit risk temperature, banks deposited an ...
Nigeria’s external reserve position remains a key indicator of the country’s ability to defend the naira and meet its ...
Nigeria's Central Bank Governor states that a sustained tight monetary policy has been effective, reducing headline inflation ...
The Central Bank of Nigeria recorded an oversubscription rate of about 199 per cent at its Nigerian Treasury Bills primary ...
THE Central Bank of Nigeria (CBN) on Tuesday, rejected all subscriptions totalling about #4.9 trillion at its Open Market Operations (OMO) bills auction, despite offering #600 billion across two ...
However, not everyone agreed that it was time to relax. CBN Governor Olayemi Cardoso and Deputy Governor Emem Usoro voted to keep interest rates exactly where they are at 27 percent. They pointed out ...
Kal Group posts a strong recovery with 10% earnings growth, driven by debt reduction, robust agricultural performance, and ...
CBN tasks banks to slash electronic fraud, enforce 30-minute response rule, as losses fall 51% in 2025. The Central Bank of ...