The Governor of the Central Bank (CBN), Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which opens on Monday, October 13.

CBN Settles $7bn Verified Forex Backlog   Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has disclosed that his administration has cleared over $7 billion in verified foreign exchange backlogs within two years in office. He said the CBN under his watch has also...

The Central Bank of Nigeria (CBN) and the Banco Central do Brasil (Brazil’s Central Bank) have opened fresh talks aimed at strengthening economic and financial cooperation between Africa’s largest economy and Latin America’s biggest market.

CBN to Take Legal Action Against FX Contract Defaulters Post-Audit   The Central Bank of Nigeria (CBN) has disclosed that it is considering legal actions against the violators of the foreign exchange forward contracts after the completion of a forensic audit of those contracts. CBN indicated this...

At its 301st meeting held on July 21 and 22, 2025, the Monetary Policy Committee of the Central Bank of Nigeria made the deliberate decision to maintain all key policy parameters.

The Central Bank of Nigeria (CBN) says only eight banks have fully met their recapitalisation requirements.