Leadership of Central Bank Governor Olayemi Cardoso, the CBN is driving reforms that are stabilizing the financial system while laying the groundwork for a more resilient, innovative future—especially in digital banking.
Domestic investors have continued to dominate trading activity on the Nigerian Exchange Limited, with a total of N3.41tn worth of transactions recorded in the first five months of 2025, outpacing foreign participation.
Naira Strengthens Against Dollar Amid Forex Volatility
The Nigerian naira continued to strengthened against the US dollar on Saturday, June 21, in both the official and black markets, reflecting ongoing volatility in the country’s foreign exchange landscape.
In the parallel market, currency dealers in Abuja told...
Bank Customers Seek CBN Intervention on Excess Charges
The Bank Customers Association of Nigeria (BCAN) has revealed that it has written to the Central Bank of Nigeria about the charges being deducted from customers’ accounts.
This was disclosed by the president of BCAN, Uju Ogubunka, on...
Cardoso: Walking the Tight Rope of Nigeria's Debt Burden, by Rahma Olamide Oladosu
Indeed, Nigeria was sitting on an economic time bomb prior to the dawn of May 29, 2023, and the pressure of debt servicing was the fuse that kept burning. It is baffling...
Naira Weakens Further Against Dollar Amid Forex Volatility
The Nigerian naira continued its downward slide against the US dollar on Thursday, June 19, in both the official and black markets, reflecting ongoing volatility in the country’s foreign exchange landscape.
In the parallel market, currency dealers in...