The Central Bank of Nigeria denies reports claiming it allocated $1.25bn for fuel imports, clarifying that the figure reflected market-driven forex transactions, not direct CBN disbursements.
CBN data shows Nigeria’s net domestic credit dropped by 12.8% year-on-year to ₦98.97 trillion in August 2025, reflecting monetary policy easing. Experts urge stronger fiscal reforms...
In examining Nigeria's economic growth, the MPC highlighted the robust performance demonstrated in the second quarter of 2025. The real Gross Domestic Product (GDP) growth rate...
What is happening in Nigeria’s banking industry is more than a technical fix—it is a structural rebirth. With Tinubu’s political will and Cardoso’s steady leadership, the...
Also speaking at the event, the Deputy Governor, Operations, Emem Usoro stated that the launch of the solutions demonstrated the bank’s desire for operational excellence through...
He dismissed Emefiele’s application challenging the jurisdiction of the court and held that the EFCC had established a territorial jurisdictions on count eight to 26 with...
“Entrepreneurs and individuals are subjected to long queues, sometimes spending days at banks without success. This situation has particularly affected rural dwellers who rely on cash...
Based on the stipulation of the CBN, Access Corporation, the parent company of Access Bank has paid-up capital and share premium of N251.811 billion according to...
Reiterating the assurances of the Governor, Mr. Olayemi Cardoso, Sidi Ali said the CBN had begun implementing a comprehensive strategy to improve liquidity in the Nigerian...
“The CBN encourages the public to continue their regular activities without being alarmed by reports that have not emanated from the CBN about the health status...