Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...

Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of ...

The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks ...

In Nigeria, the Monetary Policy Rate is the interest rate set by the Central Bank of Nigeria that serves as a benchmark for lending rates in the economy. It influences the cost of borrowing and the ...

Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have identified investment in food storage facilities, development of policies to tackle supply-side constraints, ...

CBN vows to stabilize Naira, combat market manipulation. Official rate dips slightly, amidst reforms and surveillance.

Governor, Olayemi Cardoso, has pledged an unwavering commitment to sanitize the nation’s Foreign Exchange Market, aiming to ...

The value of the naira has appreciated against the United States Dollar in the official and unofficial foreign exchange ...

THE Nigerian banking sector has demonstrated remarkable resilience and stability, thanks to the effective regulatory oversight provided by the Central Bank of Nigeria (CBN) and other relevant ...

The CBN governor said the central bank remains dedicated to maintaining discipline in the country's fx market by identifying ...