CBN Strengthens Efforts to Stabilize the Naira Amid Rising Reserves
Nigeria’s external reserves have surged by nearly 20% over the past 11 months, signaling a potential boost for the naira ...
Tag: CBN
CBN Reports Progress in Stabilizing FX Market and Controlling Inflation
The Central Bank of Nigeria (CBN) has reported notable progress in stabilizing the foreign exchange (FX) market and curbing inflation ...
65.5% of Nigerians Advocate for Lower Lending Rates – CBN Survey
A recent Household Expectations Survey conducted by the Central Bank of Nigeria (CBN) has revealed that 65.5% of Nigerian households ...
CBN Appoints 16 Directors to Strengthen Key Departments
The Central Bank of Nigeria (CBN) has announced the appointment of 16 directors to head various critical departments within the ...
Cash Crunch Drives 171% Surge in Banks’ Borrowings from CBN
A significant liquidity squeeze in the interbank money market has led to a sharp increase in banks’ borrowings from the ...
Banks Implement New ATM Withdrawal Charges Amid Public Concerns
Banks across Nigeria have begun enforcing new ATM withdrawal fees as directed by the Central Bank of Nigeria (CBN), prompting ...
CBN Calls on Nigerian Banks to Adopt Global Standards to Combat Illicit Financial Flows
In a bid to strengthen the integrity of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has urged financial ...
Nigeria’s Net Domestic Credit Drops to N99.4 Trillion in January 2025, CBN Reports
Nigeria’s net domestic credit experienced a significant decline, falling to N99.41 trillion in January 2025, according to the latest Money ...
Analyst Urges CBN to Prioritize Exchange Rate Stability Over Interest Rates
In a recent episode of Nairametrics TV’s *Drinks and Mics* show, Samson Esemuede, Chief Investment Officer at Zrosk Investment Management ...
CBN Maintains Interest Rates at 27.5% Amid Early Signs of Inflation Easing
The Central Bank of Nigeria (CBN) has decided to keep its benchmark interest rate, the Monetary Policy Rate (MPR), unchanged ...
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