Tag: CBN

Nigeria’s banking sector expanded credit availability to households and businesses in the fourth quarter of 2025, but lenders faced mounting ...

Nigeria’s banking industry is entering a decisive stretch as the Central Bank of Nigeria’s (CBN) March 31, 2026 recapitalisation deadline ...

Nigeria’s external position is set to strengthen further next year, with the country projected to record a significantly larger current ...

Nigeria’s external reserves are expected to rise to about $51.04 billion in 2026, reflecting improved foreign exchange inflows, stronger oil ...

Nigeria’s foreign exchange reserves recorded a notable increase of $4.39 billion over a one-year period, reflecting gradual strengthening despite early-year ...

Nigeria’s foreign exchange reserves have recorded their first decline in nearly six months, falling by $263.15 million to $45.21 billion ...

The Central Bank of Nigeria has drawn a hard line: any bureau de change operator that did not upgrade its ...

A growing chorus of voices within Nigeria’s financial sector is calling on the Central Bank of Nigeria (CBN) to abolish ...

The Central Bank of Nigeria (CBN) has announced a major overhaul of nationwide cash withdrawal rules, abolishing the special monthly ...

The Central Bank of Nigeria (CBN) has moved to tackle the surge in “authorised push payment” (APP) fraud by releasing ...