News

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and ...
A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan ...
"In a bid to reduce cash handling challenges, the Central Bank of Nigeria (CBN) has introduced new N5,000 and N10,000 notes ...
Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
The Central Bank of Nigeria (CBN) has called on local manufacturers and exporters to explore financing opportunities available through various government agencies as part of broader efforts to ease ...
Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...
The Central Bank of Nigeria has said that it remains committed to the growth of the Small and Medium Enterprises, (SMEs) sector which remains the engine of economic growth in the country.
Nigeria’s recent GDP growth of 3.4 per cent, the strongest since 2014, has earned commendation from the World Bank.