News

The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...
The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent ...
The Central Bank of Nigeria (CBN) spent an additional 104 per cent on personnel compared to 2023, the audited financial report released ...
The Central Bank of Nigeria (CBN) has slashed its Ways and Means advances to the federal government by 59 percent, a ...
The Central Bank of Nigeria (CBN) has incurred a loss of N9 billion, about N13.9 trillion, as it tries to save the Nigerian ...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting ...
The CBN cut Ways and Means advances to the federal government by 59%, signalling a shift toward tighter fiscal and monetary ...
The naira continue to face pressure amid drop in oil prices leaving the Central Bank of Nigeria with more headache in finding ...
Two women from Lagos, Folake Adeoti and Modupe Adewuyi, have each been handed a one-year jail term after admitting guilt to ...
Adeoti and Adewuyi were intercepted by EFCC operatives on March 21, 2025 along Jobi Fele Way, Ikeja, Lagos, while hawking ...
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.
One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap between Nigeria's economic self-assessment and that of the Bretton Woods ...