The Central Bank of Nigeria (CBN) says only eight banks have fully met their recapitalisation requirements.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rates at 27.5 per cent

Chairman of BUA Cement Plc, Dr Abdul Samad Rabiu, says foreign exchange reforms by the Central Bank of Nigeria (CBN) have eliminated the need for companies to lobby for FX.

Naira Strengthens Against Dollar in Black Market The Naira extended its gains against the US dollar on Monday, July 21, appreciating in the parallel market. Currency dealers in Abuja told Economic Confidential that the Naira was exchanged at ₦1,520 per dollar for buying and ₦1,528 for...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of rising liquidity levels in the banking system.

Nigeria’s current account surplus is projected to decline sharply in 2025, dropping to 2.7% of GDP from 9.2% in 2024, according to the H2 2025 Economic Outlook Report released by CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc.