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 (CBN) has incurred a loss of N9 billion, about N13.9 trillion, as it tries to save the Nigerian ...
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.
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
With disciplined reforms and policy ...
Nigeria has significantly increased its resilience to external shocks, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso ...
Analysts have attributed Nigeria’s recent slip to the fourth largest economy in Africa to the whopping devaluation of the ...
Nigeria’s budgets since 2007 show a dangerous pattern: spending rises, but revenues do not keep pace. While Tinubu’s 2025 ...
“A ‘B’ rating from Fitch is a step up, which is generally a positive sign. It means Fitch believes Nigeria’s creditworthiness ...
Mobile money in Nigeria has recorded considerable success and experts say this success will be a major driving force for the ...
The Central Bank of Nigeria, CBN, has announced a significant revision of the documentation requirements for transactions ...