The Central Bank of Nigeria has refuted reports that it intends to redenominate the country’s currency, the Naira, from January 2024. In a statement released on...
A recent report by the Central Bank of Nigeria (CBN) has revealed that Nigerians spent a whopping sum of $340.84 million on application fees between January...
The Central Bank of Nigeria’s (CBN) unsettled Foreign Exchange (FX) forward contracts have become a cause for concern among analysts in the financial service sector. The...
Some stakeholders have urged the Central Bank of Nigeria (CBN) to exercise caution in its reversal of certain monetary policy decisions. The stakeholders made the call...
By Sodiq Adelakun The country’s total money supply (M2) increased to N66.4 trillion in September 2023, according to data released by the Central Bank of Nigeria....
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s money supply increased to N66.42 trillion in the month of September 2023, a marginal growth of...
By Sodiq Adelakun The Federal Government’s debt to the Central Bank of Nigeria (CBN) has decreased to N4.36trillion after a significant portion of it was restructured...
By Sodiq Adelakun Starting from November 1, 2023, banks in Nigeria will face sanctions from the Central Bank of Nigeria (CBN) if they reject the ‘Magnetic...
By Sodiq Adelakun In a recent revelation, prominent human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has shed light on the Central Bank of...
By Sodiq Adelakun The Naira experienced a slight appreciation to N764.86/$1 at the close of business on Friday following the Central Bank of Nigeria’s announcement of...