Governor Olayemi Cardoso urged banks to prepare for a new round of recapitalisation to ensure they have the necessary capital ...

The Central Bank of Nigeria (CBN) has approved the transition of Greenwich Merchant Bank Limited into a holding company ...

The CBN Monetary Policy Rates, also known as interest rates, have generated a lot of discussions since 2024 especially due to ...

The Nigerian naira strengthened by 0.16% in the foreign exchange market on Wednesday, March 19, 2025, trading at N1,530 from ...

The Nigerian currency, the naira, experienced a decline in value against the United States dollar within the foreign exchange ...

The Federal Government set an ambitious target of getting the economy to $1 trillion size by 2030. Achieving this goal requires significant input from the financial services sector under the ...

ShareThe Federal Government set an ambitious target of getting the economy to $1 trillion size by 2030. Achieving this goal requires significant input from the financial services sector under the ...

A new Household Expectations Survey by the Central Bank of Nigeria (CBN) has revealed that 65.5 per cent of Nigerian households believe a reduction in lending rates would be best for the economy.

To realise this goal, the Central Bank of Nigeria (CBN), led by Olayemi Cardoso, has introduced key policy measures, ...

CBN noted that industry, services and agriculture sectors recorded expansion with 50.5 index, 51.1 index and 53.1 index ...