Tag
CBN
Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase...
Nigeria’s non-oil revenue rose significantly to N1.90 trillion in November 2024, marking a 16.40% increase compared to October and surpassing the monthly target by 53.19%.
The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets on their respective websites.
The National Council on Micro, Small, and Medium Enterprises (MSMEs) has constituted a high-level committee to interface with the Central Bank of Nigeria (CBN) and other stakeholders to enhance financing for small businesses in Nigeria.
Nigeria’s banking regulator has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits...
The Centre for the Promotion of Private Enterprise (CPPE) has called upon the Monetary Policy Committee (MPC) of...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for deeper economic ties between Nigeria and the Middle East, emphasizing opportunities for collaboration in infrastructure, tourism, and financial sector development.
The Central Bank of Nigeria (CBN) has used four indigenous languages - Yoruba, Hausa, Igbo, and Pidgin to...
Nigeria’s capital inflow dropped to $1.63 billion in November 2024, reflecting a 13.8% decline from October’s $1.89 billion.
About 75% of businesses have identified high interest rates as their primary operational constraint in January 2025.
Bank customers in Nigeria have criticized the recent upward review of Automated Teller Machine (ATM) withdrawal charges by the Central Bank of Nigeria (CBN), stating that the move contradicts the apex bank’s financial inclusion and cashless policies.