An expert told Legit.ng that this sum represents the percentage of deposits that banks must keep with the CBN, unable to earn ...

As of March 2024, the financial inclusion rate in Nigeria is targeted to reach 95% by the end of the year, as part of the ...

The Central Bank of Nigeria (CBN) has reported a growth in Nigeria's net foreign exchange reserves, which hit $23,11 billion ...

The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan as previously reported.

The Association of Bureau De Change Operators of Nigeria (ABCON) has lauded the Central Bank of Nigeria (CBN) for selling ...

Credit extended by the banking sector to the private sector declined by 1.3 percent month-on-month and 8.6 percent ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated ...

Central Bank of Nigeria (CBN) on Friday injected $197.71 million into the foreign exchange market to Authorised Dealers, as part of measures to ease pressure on the naira amid global shocks such as ...

The Central Bank of Nigeria (CBN) has firmly refuted a report circulating online that claimed the bank was introducing new N5 ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...

The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024 ...