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

The IMF's 2025 report highlights that Nigeria's economic reforms since 2023, including subsidy removal and CBN changes, have ...

Aligning fiscal and monetary policy objectives comes with great benefits to the economy. The Central Bank of Nigeria (CBN) is ...

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

Nigeria's broad money supply (M3) has surged to a historic N114.2 trillion in March 2025, defying the CBN's aggressive ...

ABUJA, April 9 (Reuters) - Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of ...

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

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

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

An International Monetary Fund team, led by Axel Schimmelpfennig, IMF mission chief for Nigeria, visited Lagos and Abuja on April 2–15 to hold discussions for the 2025 Article IV Consultations with Ni ...

As the race for bank recapitalisation intensifies, the CBN insists that the sector is essential to power Nigeria's growth to ...

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 ...