Tag: Hakama Sidi Ali

That was the dilemma facing the Central Bank of Nigeria at the height of the foreign exchange crisis: how to sustain difficult reforms in an environment defined by volatility, speculation, and public anxiety.

The role of a central bank in any modern economy goes far beyond setting interest rates, supervising banks, or managing reserves.

CBN Sees Economic Shift as Inflation Eases, Reserves Hit $50bn The Central Bank of Nigeria (CBN) has signalled a gradual economic reset, attributing improvements in inflation, foreign reserves, and investor confidence to its monetary and financial sector reforms. Speaking at the CBN Special Day during the...

30 Banks Hit Recapitalisation Target Ahead of March Deadline   Thirty banks have met the new minimum capital requirements introduced under the Central Bank of Nigeria’s banking sector recapitalisation programme, the apex bank disclosed on Friday. The CBN said the recapitalisation exercise, launched in 2024 to strengthen...

IMTOs Inflows Drop by $276m - CBN Report International Money Transfer Operator (IMTOs) inflows into Nigeria fell by 11.78 per cent in the first half of 2025 compared with the same period of last year, according to new figures from the Central Bank of Nigeria’s...

The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureaux De Change (BDCs) under its revised regulatory framework.