Tag:CBN

Nigeria’s Bank Credit Falls 12.8% to ₦98.97trn — CBN Report

Nigeria’s net domestic credit (NDC) dropped by 12.8% year-on-year to ₦98.97 trillion in August 2025, according to the latest data from the Central Bank...

Cardoso Launches CBN Governor’s Lecture Series, Sets Agenda for Next-Gen Leadership

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, will on Friday, October 3, 2025, deliver the maiden edition of the...

Reps Urge CBN to Keep Exchange Rate Stable at N951.94/$1 for Economic Stability

The Nigerian House of Representatives has called on the Central Bank of Nigeria (CBN) to maintain the system exchange rate, preferably at N951.94/$1, to...

CBN Links Hunger, Shortage of Food to Insecurity, Climate Change, and Others

The Central Bank of Nigeria (CBN) has attributed the rising hunger and shortage of food in the country to factors such as insecurity, climate...

CBN Tackles FX Transactions Abuses In Clearing Liabilities Backlog

The Central Bank of Nigeria (CBN) is intensifying efforts to address outstanding foreign exchange liabilities, having disbursed approximately USD 2.0 billion across sectors such...

CBN Asserts Enough New Naira Notes In Circulation.

*** Claims We've Been pleading with Banks To Pick Up New Naira Notes Central Bank of Nigeria (CBN), has said that they have been pleading...

Tension As DSS Storms CBN’s Office , Takes Charge Of Emefiele’s Office

Operatives from the Department of State Service (DSS) allegedly raided the Central Bank of Nigeria (CBN) offices in an effort to detain its governor,...

Reps Set Guidelines For Regulation Of POS Banking Services In Nigeria

The House of Representatives has mandated its Committee on Banking and Currency to organize stakeholders meeting for the purpose of tackling the menace of...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community (SADC) are seeking to deepen economic cooperation in trade, investment,...
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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community...

Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...