Nigeria’s broad money supply (M3) jumped 24 percent to an all-time high of N114.2 trillion in March 2025, defying the Central Bank of Nigeria (CBN)’s ongoing monetary tightening efforts aimed at reining in inflation.

Nigeria’s total foreign exchange inflows fell to $9.63bn in January 2025, down from $10.17bn in December 2024, according to the latest Economic Report released by the Central Bank of Nigeria (CBN) on April 17.

The governor of Central Bank of Nigeria (CBN), Yemi Cardoso, has said there is no going back on rebuilding credibility through orthodox monetary policy, transparency and consistency.

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month (MoM) from $1.06 billion in December 2024.

CBN Issues Warning to BDCs Against Money Laundering   The Central Bank of Nigeria (CBN) has warned Bureau De Change operators across the country of severe sanctions for failing to comply with anti-money laundering and terrorism financing regulations. In a circular dated April 17, 2025, and signed...

CBN Governor Hit with N220m Contempt Suit   Central Bank of Nigeria Governor, Olayemi Cardoso, and the CBN’s Director of Legal Services, Salam-Alada Kofo, have been sued for contempt of court at the Federal High Court in Abuja over their alleged refusal to comply fully with...