The Central Bank of Nigeria (CBN) has unveiled plans to bring ₦2.83 trillion currently outside the banking system into formal financial channels by 2028.

For much of the period following the appointment of Olayemi Cardoso, Nigeria’s foreign exchange market faced more than a liquidity shortage.

CBN and The Internal Reorganization By Zekeri Idakwo Laruba A central bank cannot project monetary stability externally while experiencing internal fragmentation. What happens inside the institution ultimately determines what it can credibly communicate to the outside world. Within the Central Bank of Nigeria, employee relations have increasingly...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday said recent inflationary pressures in the country are temporary despite headline inflation rising for two consecutive months.

The Central Bank of Nigeria (CBN) says it is stepping up efforts to address growing customer complaints over bank charges and the volume of transaction alerts received by customers across the banking system.

At the peak of the turbulence, the challenge before the Central Bank of Nigeria was not simply to inject liquidity into the system, but to restore trust in the market.