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CBN MONETARY POLICY
Nigeria’s foreign exchange reserves rose to $58.81 billion on October 12, 2026, their highest level since November 19, 2008, when reserves stood at approximately $58.91 billion.
The Naira surpassed a key resistance level against the Euro as the European currency declined to its lowest point since May 2025 against the US dollar.
The British Pound’s last bargain was at N1,767/£1 against the naira as it maintained its bullish momentum against the British currency in the CBN's post-cut era.
The Central Bank of Nigeria (CBN) sold approximately N4.686 trillion in Open Market Operations (OMO) bills at its September 29, 2026 auction, nearly double the N2.5 trillion originally offered and almost twice the N2.433 trillion OMO repayment maturing on the same day.
Ugo Obi-Chukwu, the CEO of Nairametrics, says a shift by the Central Bank of Nigeria (CBN) to orthodox monetary policy has restored investors' confidence.
Central bank digital currencies (CBDCs) are emerging as a practical way to extend secure, government-backed digital payments to...
The Central Bank of Nigeria’s (CBN) decision to reduce the Monetary Policy Rate (MPR) by 50 basis points...
The British pound weakened against the naira amid a dovish CBN.
For the first time in many months, Nigeria’s inflation numbers have given policymakers reason to exhale.