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CBN, NITDA and CCC Emerge Finalists for 2026 IPRA Golden World Awards

Nigeria has recorded another major milestone on the global public relations stage as three strategic communication campaigns executed by Image Merchants Promotion Limited (IMPR) have been shortlisted as finalists for the prestigious 2026 International Public Relations Association (IPRA) Golden World Awards (GWA).

Reps Recover ₦521m VAT from CBN in Revenue Probe

The House of Representatives Public Accounts Committee has recovered ₦521.77m in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN), marking a breakthrough in its probe into revenue leakages linked to government collections via the Remita platform.

CBN Absorbs ₦3.04trn in Single OMO Auction

The Central Bank of Nigeria (CBN) absorbed ₦3.04 trillion from the banking system in a single Open Market Operations (OMO) auction on June 5, 2026, as investor demand far exceeded the ₦600 billion offered.

ANALYSIS: Between MPC Decisions and Nigeria’s Macroeconomic Stability, by Kabir Abdulsalam

When the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained the Monetary Policy Rate (MPR) at 26.5 per cent following its 305th meeting, the decision reflected more than caution.

CBN Increases Foreign Tuition Limit to $25,000

CBN Increases Foreign Tuition Limit to $25,000   The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000. The adjustment is contained in the CBN...

Nigeria’s External Reserves Climb to $49.58bn, Gain $1.22bn in May

Nigeria’s External Reserves Climb to $49.58bn, Gain $1.22bn in May ‎ ‎Nigeria’s external reserves rose by $1.22 billion in May 2026 to close the month at $49.58 billion, underscoring improving foreign exchange inflows and growing confidence in the country’s economic reforms. ‎ ‎Data from the Central Bank of...