Credit to government drops to N24.52 trillion in January 2025 – CBN
The Central Bank of Nigeria (CBN) has reported a significant decline in credit extended to the government, which fell to ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
Experts ask CBN to take legal action against bank directors with bad loans to enforce corporate governance
Financial experts have called on the Central Bank of Nigeria (CBN) to prosecute bank directors with non-performing loans, rather than ...
Bismarck Rewane backs CBN’s efforts to defend the Naira, says currency is undervalued
Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, has backed the Central Bank of Nigeria's (CBN) decision to ...
Supporting an “undervalued” naira is “necessary” – Rewane clarifies naira defense comment
Economist Bismark Rewane has backed the Central Bank of Nigeria’s (CBN) foreign exchange policies, stating that supporting an undervalued currency ...
CPPE commends CBN’s decision to pause rate hikes, calls for future reductions
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank ...
Inflation trending down as economic indices show positive signs in Nigeria – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about the country’s economic trajectory, stating ...
Nigeria Treasury Bills attract N2.41 trillion in subscriptions amid declining rates in latest auction
Nigeria’s latest treasury bills auction, conducted on February 19, 2025, attracted significant investor interest, with total subscriptions reaching N2.41 trillion ...
Court restrains CBN from withholding Kano local government allocations
A Kano State High Court has issued an order of perpetual injunction, preventing the Central Bank of Nigeria (CBN) from ...
Nigeria’s consumer credit hits N4.42 trillion in November 2024, driven by inflation expectations – CBN
Nigeria’s consumer credit outstanding rose significantly by 26.29% to N4.42 trillion in November 2024, up from the previous month.
CBN announces rescheduled February 2025 MPC meeting
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee ...
