The Nigerian banking sector is undergoing significant recalibration to support the ambitious goal of growing the economy to the $1 trillion target. From recapitalisation, prudential guidelines, ...

The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s inflation rate, which fell to 23.2% in February ...

In Nigeria’s case, the Central Bank of Nigeria (CBN) and other key economic managers have introduced vital reforms aimed at ...

Olayemi Cardoso, the CBN governor, said the apex bank is now more than ever, consolidating market gains and ensuring sustained ...

Nigeria’s economy is currently navigating through a landscape marked by numerous challenges. At the forefront of addressing these issues is the Central Bank of Nigeria (CBN), which has taken on a ...

has urged the Central Bank of Nigeria (CBN) to reduce interest rates going forward after the apex bank retained the Monetary Policy Rate (MPR) at 27.50 percent. This comes as CPPE backed the ...

In a decisive move to maintain economic stability, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously voted to keep all monetary policy parameters constant.

Alongside the MPR, the committee also maintained ... given the historical volatility of Nigeria's food supply chains. The CBN must consider whether its confidence in government interventions ...

DMBs and commercial banks borrowed an estimated N33.97 trillion from the CBN to handle their day-to-day operations.

The Central Bank of Nigeria (CBN) conducted an Open Market Operations (OMO) auction on March 6, 2025, attracting N1.88 trillion ...

The Central Bank of Nigeria Monetary Policy Committee has retained ... at 30 percent and the asymmetric corridor at +500/-100 basis points around the MPR; other monetary policy decisions were ...