News

Apex bank’s support for naira soared by 215% in H1The Central Bank of Nigeria injected a total of $4.1bn into the foreign exchange market in the first half of 2025, a move aimed at stabilising the ...
The Central Bank of Nigeria (CBN) injected about $50 million into the forex market following the depreciation of the naira in ...
Jimoh said Nigeria’s instant payment system is a testament to the country’s innovative spirit and commitment to financial inclusion.
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for maintaining a tight monetary policy stance, describing it as a crucial step in reducing inflationary ...
The money in dispute is part of the Paris Club refund. The Central Bank of Nigeria (CBN) and a private firm, Melrose General Services, on Monday, agree to settle their legal dispute at the Federal ...
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) plans to diversify the nation’s reserve base.
The Central Bank of Nigeria, CBN, said that the country recorded a current account surplus of $3.73 billion in the first quarter of 2025 (Q1'25) representing a marginal increase from $3.69 billion ...