CBN Cautions Against Mutilating Naira Notes During Festivities   The Central Bank of Nigeria (CBN) has called for caution in handling Naira notes, describing it as Nigeria’s essential national symbol. The apex bank stated this yesterday in Awka, during a fair organized in Awka, under the theme:...

Monetary, Fiscal Coordination Key to Economic Recovery - CBN   The Central Bank of Nigeria’s (CBN) top executive and other experts have stressed the urgent need for stronger alignment between monetary and fiscal policies, saying policy contradictions remain a major cause of Nigeria’s macroeconomic instability. Speaking on...

Auditor-General Slams CBN Over Recycled Banknotes Worth N29.7bn   The Office of the Auditor-General of the Federation has accused the Central Bank of Nigeria (CBN) under the leadership of the former Governor, Godwin Emefiele, of re-circulating dirty and unfit banknotes valued at N29.77bn in violation of...

The Central Bank of Nigeria (CBN) has warned against doing business with an entity known as Zuldal Microfinance Bank Limited.

Foreign Reserves Jump to $46.7bn, Highest in Seven Years The Central Bank of Nigeria (CBN) has revealed that Nigeria’s foreign reserves have risen to $46.7 billion as of November 14, 2025, which translates to 10.3 months of import cover in goods and services. CBN Governor, Mr....

CBN Governor Applauds S&P’s Upgrade of Nigeria’s Outlook Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has welcomed the decision of S&P Global Ratings to revise Nigeria’s sovereign outlook to “positive” from “stable”, describing it as a clear validation of the country’s ongoing...