Nigeria’s latest treasury bills auction, conducted on February 19, 2025, saw total subscriptions hit N2.41tn, reflecting sustained investor interest across the three tenors on offer. However, this marked a decline…
The Central Bank of Nigeria, CBN, has ordered bank directors with non-performing insider-related loans to step down immediately. Insider loans refer to loans granted by a bank to its own…
The Socio-Economic Rights and Accountability Project, SERAP, has given the Central Bank of Nigeria a 48-hour ultimatum to reverse the newly announced hike in Automated Teller Machine transaction fees, calling…
The Central Bank of Nigeria, (CBN), has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new charges set to take effect from March 1, 2025. In a…
The Central Bank of Nigeria, CBN, has extended the temporary access granted to Bureau de Change operators for purchasing foreign exchange from the Nigerian Foreign Exchange Market till May 30,…
About 91 per cent of loans obtained from banks by companies are performing, the Central Bank of Nigeria (CBN) has said. In its latest credit conditions survey released at the…
The Nigeria Export Promotion Council, NEPC, has confirmed that the Central Bank of Nigeria, CBN, has approved CFA Franc to be captured on Nigeria Export Proceeds, NXP, forms for the…
The Central Bank of Nigeria, CBN, has said that without its policy interventions, inflation could have surged to 42.81 per cent by December 2024. It also projected that diaspora remittances…
The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market. The apex bank disclosed…
The World Bank Group has said that the Central Bank of Nigeria must stay the course in its attempt to tackle inflation. This was revealed by the Senior Economist for…