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 directed banks and other financial institutions to comply with applicable Nigerian and ...

The CBN's push for banking recapitalization aims to bolster Nigeria's economy, enabling banks to fund growth and compete globally.

Nigeria's broad money supply (M3) has surged to a historic N114.2 trillion in March 2025, defying the CBN's aggressive ...

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 ...

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

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

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

The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant ...

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial ...