CBN Lifts Deposit Limits, Boosts Weekly Cash Withdrawal Threshold The Central Bank of Nigeria (CBN) has removed all limits on cash deposits, marking a significant reversal of earlier cash-tightening measures introduced under the previous administration. The apex bank also announced an upward review of the weekly...

CBN Directs Banks to Reimburse APP Fraud Victims within 48 Hours The Central Bank of Nigeria has ordered banks and other financial institutions to reimburse victims of Authorised Push Payment (APP) fraud within 48 hours, marking one of the strongest regulatory moves yet to protect...

The Central Bank of Nigeria (CBN) has said foreign capital inflows into Nigeria increased to $20.98 billion in the first ten months of 2025.

The Central Bank of Nigeria (CBN) has disclosed that it is finalising a revised foreign exchange (forex) manual, as part of its broader reforms to strengthen transparency, deepen market participation, and restore confidence in the naira.

Naira Weakens Across Markets as FX Pressures Persist on Dec 1 The naira weakened slightly against the U.S. dollar on Monday, December 1, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded...

The Federal Government says new economic indicators released by the Central Bank of Nigeria (CBN) confirm that the country’s economic recovery is strengthening and gathering real momentum.