Tag: CBN

As of March 2024, nearly three years post-launch, Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, constitutes less than 1% ...

The Nigerian naira has dropped to its lowest level since March, trading at N1,577 per U.S. dollar on Monday, despite ...

The Central Bank of Nigeria (CBN) has taken decisive action to stabilize the foreign exchange market by injecting $122.67 million ...

The Dangote Group has announced an ambitious target to generate $30 billion in revenue by 2025, aiming to become Nigeria’s ...

The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions in the country, emphasizing that the ...

Nigeria’s money supply (M3) has soared to nearly N100 trillion, reaching N99.24 trillion in May 2024. This represents a 2% ...

The Socio-Economic Rights and Accountability Project (SERAP) has issued a stern ultimatum to the Central Bank of Nigeria (CBN) to ...

The Nigerian Exchange Limited (NGX) reported that total transactions on the local bourse surged to N2.35 trillion by the end ...

The Central Bank of Nigeria (CBN) successfully raised N284.26 billion from investors in its recent Nigerian Treasury Bills (NTBs) auction, ...

The Central Bank of Nigeria (CBN) has announced the discontinuation of its foreign exchange price verification system portal for importers, ...