Tag: CBN

Nigeria’s broad money supply (M3) expanded significantly to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy ...

Nigeria’s private sector credit grew to a new high of N81.04 trillion in May 2026, according to the latest data ...

The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating ...

The Naira came under mild pressure in the official foreign exchange market on Wednesday, closing at N1,361.5 per US dollar, ...

Nigeria posted a significantly stronger external position in the first quarter of 2026, with the current account recording a surplus ...

The Nigerian naira came under pressure across foreign exchange market segments last week, losing ground despite a steady rise in ...

Wema Bank has temporarily suspended all communications on its official X (formerly Twitter) platform due to a sharp increase in ...

The Public Accounts Committee of the House of Representatives has recovered N521.77 million in unremitted Value Added Tax (VAT) from ...

The Nigerian naira weakened slightly against the US dollar in the official foreign exchange market on Thursday, dropping by N1.49 ...

The Central Bank of Nigeria (CBN) has significantly increased the amount of foreign exchange Nigerian students can remit for tuition ...