CBN

Naira Records First Major Depreciation At Official Market In 2025

Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

The Nigerian naira has continued to depreciate against the dollar at the foreign exchange (FX) market, despite efforts by the Central Bank of Nigeria (CBN) to boost FX liquidity. Data from the

Victor Ezeja

April 8, 2025

Finance & Economy

Why Net FX Reserves Rose To $23.11bn In 2024 – CBN

Nigeria’s net foreign exchange reserves increased significantly to $23.11 billion by the end of 2024, the highest level in more than three years. This is according to data released by the Central

Victor Ezeja

April 3, 2025

Finance & Economy·Opinion

Perspectives On Inflation

The Central Bank of Nigeria (CBN) has been making good efforts and using the necessary monetary tools, especially the Monetary Policy Rate (MPR), to fight inflation, and it is anticipated that the

Arize Nwobu

March 12, 2025

Supreme Court Grants Financial Autonomy To LGs, Bars Govs From Dissolving Councils

Politics

Supreme Court Freezes Rivers Allocation, Orders Return Of Amaewhule-led Assembly

The Nigeria’s Supreme Court has ordered the Central Bank of Nigeria (CBN), Accountant General of the Federation (AGF) and other agencies to stop releasing funds to the Rivers State government. It said

Victor Ezeja

February 28, 2025

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Finance & Economy

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

As the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today, the recent rebasing of the Consumer Price Index (CPI) has raised questions about the accuracy of Nigeria’s inflation metrics.

MARCEL MBAMALU

February 19, 2025

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

News

CBN And Consistent Increase In MPR

The vision of the Central Bank of Nigeria (CBN) is to be the most efficient and effective of the world’s central banks in promoting and sustaining economic development. And the mission is

Arize Nwobu

December 12, 2024

News·Politics·Top Stories

Emefiele Owns 753 Duplexes In Abuja Estate Forfeited To EFCC – Sowore

EFCC Claims Largest Asset Recovery in Its History The Economic and Financial Crimes Commission (EFCC) has taken possession of a massive estate in Abuja linked to former Central Bank of Nigeria (CBN)

Emmanuel Ochayi

December 3, 2024

Cash Scarcity: CBN, Banks, PoS Operators Trade Blame

Opinion

Cash Scarcity: What’s CBN Hiding From Nigerians?

With the passage of time and events, we may not have to argue this anymore: Nigeria’s cash crises of late 2022 and early 2023 had serious effects on the living and the

MARCEL MBAMALU

November 18, 2024

Finance & Economy·News

Financial Inclusion Key To Realising Nigeria’s $1trn Economy Target – Cardoso

Central Bank of of Nigeria (CBN) Governor, Dr Olayemi Cardoso, has stated that deepening financial inclusion is key to realising Nigeria’s $1 trillion economy target by 2030. Dr Cardoso stated this in

Victor Ezeja

November 13, 2024

Business·Currency·News

Weak Naira: CBN Sells $543.5m To Boost FX Market

The Central Bank of Nigeria (CBN) has announced that it sold a total sum of $543.5 million to authorised dealer banks between 6 – 30 September 2024. According to a statement by

Victor Ezeja

October 5, 2024

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Naira Sinks Further Despite CBN’s Efforts To Boost Liquidity, Stability

Why Net FX Reserves Rose To $23.11bn In 2024 – CBN

Perspectives On Inflation

Supreme Court Freezes Rivers Allocation, Orders Return Of Amaewhule-led Assembly

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

CBN And Consistent Increase In MPR

Emefiele Owns 753 Duplexes In Abuja Estate Forfeited To EFCC – Sowore

Cash Scarcity: What’s CBN Hiding From Nigerians?

Financial Inclusion Key To Realising Nigeria’s $1trn Economy Target – Cardoso

Weak Naira: CBN Sells $543.5m To Boost FX Market

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