The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

The Central Bank of Nigeria (CBN) has reported a growth in Nigeria's net foreign exchange reserves, which hit $23,11 billion in 2024, marking an improvement.

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and ...

The Central Bank of Nigeria (CBN) has announced the initiation of mystery shopping exercises across bureau de change (BDC) outlets ...

The CBN’s January economic report sheds further light on this shift, highlighting a significant drop in inflows through the ...

Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of reforms, a stronger trade ...

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month ...

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 ...

The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...