Tag
CBN
The Central Bank of Nigeria (CBN) has dispelled recent rumours circulating on social media about the introduction of...
The Federal High Court in Abuja on Friday affirmed the legality of the Nigeria Inter-Bank Settlement System Plc’s (NIBSS) management of the Bank Verification Number (BVN) database across Nigeria, in line with the Central Bank of Nigeria (CBN) Act and other relevant banking laws.
Nigeria’s private sector credit declined marginally to N77.83 trillion in May 2025, down from N77.91 trillion in April, as the Central Bank of Nigeria (CBN) sustained its tight monetary stance to combat headline inflation and stabilize the naira.
Foreign direct investment (FDI) inflows into Nigeria declined by 19% to $250 million in Q1 2025, compared to $310 million in the previous quarter.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a bold new vision...
The exchange rate closed the week with a mixed performance, as the naira recorded a slight appreciation in the official market but weakened on the parallel (black) market.
The recent dip in banking stocks triggered by the Central Bank of Nigeria’s (CBN) new forbearance policy may be more of an opportunity than a threat, according to Ugodre Obi-Chukwu, CEO of Nairametrics.
Pan-African credit rating agency Agusto & Co has upgraded Wema Bank’s credit rating from BBB+ to A-, citing improved profitability, stronger operational efficiency, a solid liquidity profile, and substantial shareholder support.
The Central Bank of Nigeria (CBN) has confirmed that banks currently affected by forbearance measures are under close supervision.
The Central Bank of Nigeria (CBN) has refuted claims circulating in the media suggesting an extension of the...
Credit to Nigeria’s private sector rose to N77.9 trillion in April 2025, up from N76.2 trillion in March,...
Nigeria’s broad money supply (M3) surged to a record N119.11 trillion in April 2025, according to the latest Money and Credit Statistics from the Central Bank of Nigeria (CBN).