Tag: CBN

The Nigeria Deposit Insurance Corporation has commenced reimbursement of depositors affected by the closure of 46 microfinance banks across the ...

The Nigerian equities market reversed Monday’s gains on Tuesday, shedding approximately N599 billion in market capitalisation as investors took profits ...

The Nigerian equities market suffered another heavy blow on Thursday, July 30, 2026, shedding N1.005 trillion in market capitalisation and ...

Currency held outside Nigeria’s banking system dropped to its lowest level in seven months in June 2026, signalling a gradual ...

Nigeria’s foreign exchange market recorded its highest weekly turnover of 2026, with total transactions in the FX Spot and Derivatives ...

Nigeria’s average maximum lending rate declined to 33.16% in June 2026, down from 34.78% in May, offering a slight reduction ...

The Nigerian naira posted gains against the US dollar on Tuesday, July 21, 2026, as the foreign exchange market recorded ...

The Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR) at 26.5%, maintaining its tight ...

Nigeria’s external reserves have reached $52.02 billion, marking the highest level recorded in more than 17 years and surpassing the ...

Nigeria’s national blockchain policy, launched three years ago with the potential to generate up to $40 billion in economic value, ...