The Central Bank of Nigeria has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system.CBN ...

The naira has continued to depreciate in the Nigerian Foreign Exchange Market (NFEM) and the parallel market as experts and ...

The CBN has made changes to the Customs exchange rate for cargo clearance at Nigeria’s ports and airportsThe new import duty ...

CBN, in a strategic move to strengthen its operations and regulatory oversight, recently appointed 16 new directors to fill diverse ...

Atiku Bagudu, minister of budget and economic planning, says the Central Bank of Nigeria (CBN) will not exceed the 5 percent ...

Economist Dr. Augustine Kutu has advised the Central Bank of Nigeria (CBN) and policymakers to address the concerns of Nigerians ...

In significant development in Nigeria’s financial technology sector, leading fintech companies Carbon and PalmPay have ...

But sadly, in Nigeria, appointments into the CBN are not seen as part of the building block for the country’s economic ...

In this case, with ethnic bias being alleged in the emergence of the 16 newly appointed directors, one is constrained to ask; ...

The lawmakers noted that additional ATM withdrawal charges would further limit the financial inclusion of Nigerians by ...

Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...