Tag: cbn

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,

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.

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.

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.

For much of the period following the appointment of Olayemi Cardoso, Nigeria’s foreign exchange market faced more than a liquidity shortage.

CBN and The Internal Reorganization By Zekeri Idakwo Laruba A central bank cannot project monetary stability externally while experiencing internal fragmentation. What happens inside the institution ultimately determines what it can credibly communicate to the outside world. Within the Central Bank of Nigeria, employee relations have increasingly...