Tag: Central Bank of Nigeria

The Central Bank of Nigeria’s (CBN) latest data has revealed a remarkable 63.7% surge in inflows from international money transfer ...

Nigeria's Broad Money Supply (M2) surged by 51% year-on-year (YoY) to reach ₦108.96 trillion in November 2024, driven by increasing ...

The Nigerian naira began 2025 with a slight depreciation, closing at N1,541.36/$ on the first trading day of the year. ...

The Nigerian naira appreciated against the dollar for the third consecutive day on the Enhanced Foreign Exchange Market System (EFEMS), ...

The Nigerian naira experienced a significant appreciation in the parallel market, closing at N1,670/$1 on Wednesday, December 4, 2024. This ...

Nigeria’s Central Bank (CBN) has issued a new directive requiring commercial banks to secure regulatory approval before making changes to ...

Recent statistics from the Central Bank of Nigeria (CBN) reveal a striking increase in the amount of currency circulating outside ...

In a significant economic development, Nigeria's money supply (M3) soared to N108.95 trillion in September 2024, marking a 62.8% increase ...

The Nigerian banking sector has seen a significant boost in market capitalization, reaching N7.91 trillion at the end of trading ...

Central Bank of Nigeria (CBN) Governor Yemi Cardoso has highlighted a notable decline in market volatility, which he attributes to ...