Heritage Bank Depositors Demand Full Refunds, Urge FG, CBN and NDIC to Act
More than two years after the closure of Heritage Bank, aggrieved depositors have called on the Federal Government, the Central ...
Tag: CBN
Official FX Turnover Drops 48.7% to $2.71 Billion in One Week
Foreign exchange turnover at Nigeria’s official market fell sharply by 48.7 per cent week-on-week to $2.71 billion in the week ...
Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target
Nigeria received $947 million in remittance inflows through International Money Transfer Operators in July 2026, the highest monthly figure ever ...
Naira Holds Near Flat in Parallel Market as Official FX Turnover Rises to $1.06 Billion
The naira traded at N1,400 to the dollar in the parallel market on Friday, softening by N3 from the N1,397 ...
CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids
The Central Bank of Nigeria reduced the stop rate on the 364-day treasury bill by 44 basis points to 17.15 ...
E-Payment Transaction Volume Falls 9.2% as Value Rises to N1.053 Quadrillion in Q1
Electronic payment transactions conducted through six channels rose 2.85 per cent year-on-year in value to N1.053 quadrillion in the first ...
CBN Offers N700 Billion Treasury Bills in Second and Final August Auction
The Central Bank of Nigeria, acting on behalf of the Debt Management Office, is offering N700 billion in Nigerian Treasury ...
Currency in Circulation Climbs to N5.73 Trillion, but Real Value Declines 14%
Currency in circulation in Nigeria rose 72.4 per cent over five years to reach N5.73 trillion in 2025, yet the ...
NGX Weekly Turnover Falls 10.4% to N157.76 Billion as Market Declines
The Nigerian Exchange recorded a 10.4 per cent drop in the value of shares traded in the week ended August ...
Bitcoin Rally Strengthens as Fiscal Worries Revive Debasement Trade
Bitcoin is advancing again as movements in the bond market revive concerns over growing fiscal pressures, handing bulls fresh macroeconomic ...
