The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and ...

The Central Bank of Nigeria (CBN) has granted final approval to Ascensia Finance Company Limited to operate as a finance ...

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month ...

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...

Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...

As Nigeria moves towards becoming a $1 trillion economy, the capacity of banks to support this growth trajectory becomes essential.” ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...

"In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new N5,000 and N10,000 notes ...