Naira Strengthens to N1,535/$ as Forex Reforms and Dollar Supply Boost Stability
The naira has shown significant strength, appreciating to N1,535 per dollar in the parallel market on July 29, 2025, from ...
Tag: CBN
CBN’s Steady Rates Bolster Forex Stability and Ease Inflation, Analysts Say
The Central Bank of Nigeria’s (CBN) decision to maintain the Monetary Policy Rate (MPR) at 27.50% is expected to sustain ...
CBN Urged to Bolster Gold Reserves and Embrace Crypto for Economic Stability
At the Comercio Partners H2 2025 Economic Outlook conference, financial experts urged the Central Bank of Nigeria (CBN) to expand ...
High Interest Rates Outweigh Insecurity, Power Issues as Top Business Concern – CBN
High interest rates have emerged as the foremost challenge for Nigerian businesses, surpassing insecurity and power shortages, according to the ...
Naira Weakens to N1,560/$1 Ahead of CBN’s 301st MPC Meeting
The Nigerian naira depreciated to N1,560/$1 in the parallel market on July 17, 2025, down from N1,555/$1 earlier this week, ...
CBN Mandates Banks to Submit Capital Restoration Plans to Exit Forbearance Regime
The Central Bank of Nigeria (CBN) has issued a directive requiring commercial banks to submit comprehensive capital restoration plans as ...
Nigeria’s Exchange Rate Gap Narrows as CBN Boosts FX Inflows to $6 Billion Monthly
The Central Bank of Nigeria (CBN) has significantly narrowed the exchange rate gap between the official and parallel markets, with ...
Nigeria’s Foreign Direct Investment Falls 19% to $250 Million in Q1 2025, Central Bank Reports
Nigeria’s foreign direct investment (FDI) decreased by 19.35% in the first quarter of 2025, dropping to $250 million from $310 ...
Tight Liquidity Threatens Nigerian Banks Amid CBN’s 50% Reserve Policy – Report
A new report by Renaissance Capital has raised alarm over a deepening liquidity crisis in Nigeria’s banking sector, following the ...
CBN Directive: Major Nigerian Banks May Suspend Dividends Until 2028, Says Rencap
A new Renaissance Capital (Rencap) report, “Nigerian Banks, Cash is King,” has highlighted the significant forbearance loan exposures of several ...
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