The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...

Mr. Olayemi Cardoso, has reiterated the apex bank’s commitment to promoting long-term economic stability, financial inclusion ...

LAGOS – Nigeria’s fiscal challenges deepened in January 2025 as a steep drop in retained revenue pushed the Federal Govern­ment’s budget deficit to -N1.1 trillion, ac­cording to the Central Bank of ...

The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...

The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...

The Central Bank of Nigeria (CBN) has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, ...

According to the World Gold Council (WGC), central banks’ insatiable appetite for gold reached a significant milestone in ...

World Bank reveals over 75% of rural Nigerians live in poverty CBN records over 300% rise from 2023 as it spent ₦315bn on currency in 2024 EFCC arrests ...

Nigerian lender United Bank for Africa Plc plans to raise 144.8 billion naira ($90.2 million) in additional capital this year ...

One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap ...