Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the ...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...

The Central Bank of Nigeria, CBN, has been advised to review its monetary control high interest rate policies in the country to save Nigeria’s economy from further crises. The advice was given ...

Banks have increased their deposit with the Central Bank of Nigeria, CBN, by 907.3 percent  Year-on-Year, YoY,  to N68.9 trillion in the first half of the year (H1'25) from N6.84 trillion in the ...

Rising dollar inflows and CBN policies have strengthened the naira in 2025, with the currency gaining 5.7% on the black ...

The latest Purchasing Managers' Index (PMI) report from Stanbic IBTC Bank has noted that, alongside structural reforms and the removal ...

He, however, said the CBN Monetary Policy Committee should ease interest rate, unlike in May, when it maintained the MPR at 27.50 percent. According to him, easing of monetary tools would have a ...

Depositors of these nine banks have earned massively in the first quarter of 2025, pocketing almost N2 trillion as interests ...

The naira recorded a gain of N90 or 5.7% in the black market and 0.8% in the official foreign exchange (FX) market in the ...

In July, Standard Chartered Bank suspended international transactions on its naira visa debit card. First Bank of Nigeria ...