News

A breakdown of how much Nigerian banks have in their accounts has been released, with Ecobank leading the list of banks with ...
The Central Bank of Nigeria (CBN) has activated market-driven pricing for the naira, significantly enhancing transparency and restoring investor confidence. With disciplined reforms and policy clarity ...
The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...
However, the naira has lost more than 70% of its value against the dollar since Tinubu took office. And with crude oil sales ...
The Central Bank of Nigeria (CBN), deploying various reform measures, has curtailed the once-wide gap between the official ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
Mr. Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial inclusion ...
The Central Bank of Nigeria has posted a positive balance sheet for 2024, revealing a surplus of N38.8 billion.
The Central Bank of Nigeria (CBN) has posted a profit after tax of N38.8 billion for 2024 financial year, indicating a recovery from a N1.15 trillion loss in 2023.
Nigerian lender United Bank for Africa Plc plans to raise 144.8 billion naira ($90.2 million) in additional capital this year ...
For the Central Bank of Nigeria under the leadership of Governor Olayemi Cardoso, this forum marked a watershed moment in the effort to reconnect with international investors, reshape perceptions ...