The Nigerian naira's exchange rate stayed muted against the US dollar on the unofficial secondary foreign exchange market after the CBN decided to keep the MPR unchanged for the 7th straight time.
The Central Bank of Nigeria (CBN) has confirmed that eight Nigerian banks have met the minimum regulatory requirements under the current forbearance regime.
Lawmakers have cautioned the Central Bank of Nigeria (CBN) against raising interest rates beyond the current figure of 27.5% in its bid to curb inflation.
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).
Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase...
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February 18 and 19, 2025.
The Central Bank of Nigeria has postponed its first Monetary Policy Committee (MPC) meeting for 2025 to March, following delays in the release of the rebased Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).
The naira traded within a tight range on Thursday following the recently concluded Monetary Policy Committee (MPC) meeting.
The Central Bank of Nigeria (CBN) has announced a significant inflow of over $1.5 billion into the Nigerian economy, a development that underscores the effectiveness of its monetary policy strategies.
The Monetary Policy Committee of the CBN will meet for the second time this year on the 25th and 26th of March 2024. This was announced in a notice on the CBN website assessed by Nairametrics.
The federal government reportedly detained two top executives of the popular cryptocurrency trading platform, Binance, on Wednesday over alleged manipulations in foreign exchange trading and speculative activities.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country.
