The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.50% following its 300th Monetary Policy Committee (MPC) meeting...
The Central Bank of Nigeria (CBN) reduced its net loans and receivables by over N4tn in 2024, largely by cutting overdraft exposure...
The Central Bank of Nigeria (CBN), in partnership with NIBSS, has launched the Non-Resident Bank Verification Number (NRBVN) platform, enabling Nigerians in the...
The total naira in circulation dropped to N5tn in March 2025, continuing a downward trend from N5.24tn in January, per Central Bank of...
Nigeria’s money supply surged to N114.22tn in March 2025, a 24% rise from March 2024, despite the CBN raising the Cash Reserve Ratio...
The World Bank has clarified that the $10.50 million funding for the Central Bank of Nigeria (CBN) is a grant, not a loan,...
CBN has injected $197.71 million into the foreign exchange market to ensure liquidity and stability. The move aims to support a stable, transparent,...
CBN has denied introducing new N5,000 and N10,000 notes, labeling the reports as false. The reports had claimed that the CBN was set...
CBN has introduced new charges for Automated Teller Machine (ATM) transactions. The charges, which take effect on March 1, 2025, will see customers...