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The Story Behind the CBN’s Deputy Governors’ New Roles

The recent redeployment of the Central Bank of Nigeria’s four Deputy Governors may have appeared to many as a routine administrative exercise.
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CBN Releases Fourth Edition of FX Manual to Stabilise Market

CBN Releases Fourth Edition of FX Manual to Stabilise Market The Central Bank of Nigeria (CBN) has released the fourth edition of its Foreign Exchange Manual, aiming to stabilise the FX market through clearer rules, transparency, and stronger compliance. CBN Governor Olayemi Cardoso said: “Foreign exchange...
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CBN Launches Initiative to Achieve 95% Financial Inclusion by 2028

The Central Bank of Nigeria (CBN) has unveiled the Nigeria Payment System Vision (PSV) 2028, a roadmap aimed at achieving 95% financial inclusion by 2028,
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CBN Targets ₦2.83trn Cash Outside Banks Ahead of 2027 Polls

The Central Bank of Nigeria (CBN) has unveiled plans to bring ₦2.83 trillion currently outside the banking system into formal financial channels by 2028.
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Banks’ Credit to Government Rises ₦15.7trn in One Year – CBN

Nigerian banks increased their lending to the Federal Government by ₦15.66 trillion in one year, according to the Central Bank of Nigeria’s (CBN) money and credit statistics.
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Private Sector Credit Falls ₦14trn Despite CBN Rate Cut

Private sector credit dropped sharply by over ₦14 trillion in just two months, falling to ₦80.59 trillion in April 2026 from a peak of ₦94.61 trillion in February 2026, despite the Central Bank of Nigeria’s (CBN) decision to ease monetary policy.
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