Credit to Private sector slips marginally to N77.83 trillion in May 2025 despite surging money supply
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 ...
Tag: CBN
Nigeria’s FDI drops by 19% to $250 million in Q1 2025 – CBN
Foreign direct investment (FDI) inflows into Nigeria declined by 19% to $250 million in Q1 2025, compared to $310 million ...
Focus on ‘African-led, African-owned’ growth, digital transformation – Cardoso tells African leaders at Afreximbank AGM
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a bold new vision of economic ...
Exchange rate disparity returns as Naira appreciates to N1,545/$ officially, depreciates to N1,605/$ on parallel market
The exchange rate closed the week with a mixed performance, as the naira recorded a slight appreciation in the official ...
Banking sector sell-offs present buying opportunity — Nairametrics CEO, Ugodre Obi-Chukwu
The recent dip in banking stocks triggered by the Central Bank of Nigeria’s (CBN) new forbearance policy may be more ...
Agusto & Co upgrades Wema Bank rating to A- amid stronger financial performance
Pan-African credit rating agency Agusto & Co has upgraded Wema Bank’s credit rating from BBB+ to A-, citing improved profitability, ...
CBN says forbearance-affected banks under close supervision
The Central Bank of Nigeria (CBN) has confirmed that banks currently affected by forbearance measures are under close supervision.
No recapitalisation deadline extension for BDCs, CBN says
The Central Bank of Nigeria (CBN) has refuted claims circulating in the media suggesting an extension of the deadline for ...
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 ...
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 ...
