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CBN
Nigeria’s broad money supply (M3) rose to N114.22 trillion in March 2025, up by 24% year-on-year from N92.19 trillion in the same month of 2024, according to the latest data from the Central Bank of Nigeria (CBN).
The total value of currency outside Nigeria’s banking system rose to N4.6 trillion in March 2025, accounting for 91.9% of the N5.00 trillion in total currency in circulation during the period.
Nigeria’s economy witnessed a decline in net foreign exchange inflow in January 2025, attributed to reduced contributions through the Central Bank of Nigeria (CBN).
Foreign investors welcomed Nigeria’s recent macroeconomic reforms but flagged persistent concerns about oil price volatility, capital repatriation risks, and high transaction costs during a private investor forum hosted by the Central Bank of Nigeria (CBN) at the Nasdaq MarketSite in New York on April 17, 2025.
The Central Bank of Nigeria (CBN) has announced the initiation of mystery shopping exercises across bureau de change (BDC) outlets as part of its intensified effort to ensure strict adherence to anti-money laundering (AML) and counter-terrorism financing (CFT) regulations.
The Central Bank of Nigeria (CBN) has issued a strong reminder to banks, payment service banks, and fintech companies on the need to reinforce their sanctions compliance frameworks or risk regulatory sanctions.
The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange (FX) market on Friday, April 4, 2025, as part of its ongoing commitment to ensuring adequate liquidity and maintaining orderly market functioning.
Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over the three-month period.
Nigeria’s gross foreign exchange (FX) reserves fell by $2.57 billion from January to March 2025, marking a 6.29% decrease over the three-month period.
The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated calls by experts.
The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from...
Bureau De Change (BDC) operators have revealed that despite the naira's gains at the foreign exchange market during...