Nigeria’s External Reserves Climb to $49.58bn, Gain $1.22bn in May ‎ ‎Nigeria’s external reserves rose by $1.22 billion in May 2026 to close the month at $49.58 billion, underscoring improving foreign exchange inflows and growing confidence in the country’s economic reforms. ‎ ‎Data from the Central Bank of...

CBN Allots N829.3bn T-Bills on Strong N2trn Subscription   The Central Bank of Nigeria (CBN) allotted a total of N829.32 billion at its Treasury Bills Primary Market Auction held on May 20, 2026, as investor demand remained heavily skewed toward long-dated government securities. Auction results showed that...

CBN Keeps Rates Unchanged Despite OPS Warnings on Manufacturing Slowdown   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday retained the benchmark interest rate at 26.5 per cent, citing rising external risks, renewed inflationary pressure, and the need to sustain...

Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria (CBN) has increasingly demonstrated how employee relations can serve as a strategic public relations tool.

Nigeria recorded $112 billion in foreign exchange inflows in 2025, according to a new report by the Financial Markets Dealers Association (FMDA).

Nigeria recorded $112 billion in foreign exchange inflows in 2025, according to a new report by the Financial Markets Dealers Association (FMDA).