Tag: Central Bank of Nigeria

The Nigerian Export-Import Bank (NEXIM) spent a staggering N3.9 billion on staff travel in 2024, representing an increase of over ...

The share capital of Wema Bank Plc, one of Nigeria’s Tier 2 financial institutions, rose by a significant 66% with ...

The Naira recorded its first depreciation in more than a week, closing at N1,469/$1 on Friday, October 3, 2025.  

FCMB Group Plc has launched a N160 billion public share sale to strengthen its banking subsidiary and meet the Central ...

Credit to Nigeria’s private sector fell to N75.8 trillion in August 2025 from N76.12 trillion in June 2025. 

CEO of Nairametrics, Ugo Obi-Chukwu, has projected that commercial banks in Nigeria will begin to lower interest rates on loans ...

The Central Bank of Nigeria (CBN) has expressed concern that monthly allocations from the Federation Account Allocation Committee (FAAC) are ...

Nigeria’s latest inflation report, showing continued deceleration, has sparked mixed reactions across the country, with economic experts welcoming the development ...

Nigerian corporates are increasingly turning to the short-term capital market for funding as high interest rates make traditional borrowing channels, ...

The Central Bank of Nigeria (CBN) has been warned not to rush into relaxing the Monetary Policy Rate (MPR) as ...