Private sector credit rises to N77.9 trillion in April 2025
Credit to Nigeria’s private sector rose to N77.9 trillion in April 2025, up from N76.2 trillion in March, according to ...
Tag: CBN
Money supply soars to N119 trillion amid CBN’s rate pause strategy
Nigeria’s broad money supply (M3) surged to a record N119.11 trillion in April 2025, according to the latest Money and ...
New CBN instruments target liquidity in Islamic finance
The Central Bank of Nigeria (CBN) has announced the rollout of three new instruments targeted at deepening Nigeria’s non-interest financial ...
Former aide admits no record of alleged $400,000 payment to ex-CBN Gov. Godwin Emefiele
An aide to former Central Bank of Nigeria (CBN) governor John Adetola revealed in court that he did not document ...
SERAP sues CBN over non-disclosure of direct payments to local governments in Nigeria
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its ...
Banks face 12-month deadline as CBN unveils AI-driven anti-money laundering standards
The Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the ...
Nigeria’s external debt service bill hits $2.01 billion in four months, gulps 77% of foreign payments
Nigeria spent over $2.01 billion on external debt servicing between January and April 2025, marking a 50% jump compared to ...
CBN Governor Yemi Cardoso to be honoured at Nairametrics Capital Market Awards for monetary policy reforms and banking sector recapitalization
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, will be honoured at the Nairametrics Capital Market ...
CBN dismisses panic reports, affirms banking sector remains safe and stable
The Central Bank of Nigeria (CBN) has reaffirmed the resilience and safety of the country’s banking sector, following a wave ...
MPC likely to hold MPR at 27.5%, but room remains for a modest hike
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) prepares for its 300th meeting scheduled for May 19 - ...
