Tag: CBN

Emefiele Trial: Witness Tells Court Suspects Confessed to $6.23m Fraud

The trial of former Godwin Emefiele continued on Tuesday as a prosecution…

CBN Raises ATM Card Fees to N1,500, Scraps Monthly Maintenance Charges

The Central Bank of Nigeria has increased the fee for issuing and…

Naira appreciates to N1,387/$ in parallel market

The naira recorded mixed performance across foreign exchange markets, appreciating slightly in…

NCC, CBN Launch Portal to Track Fraudulent Phone Lines

The Nigerian Communications Commission and the Central Bank of Nigeria have jointly…

Naira Strengthens to N1,345/$ at Official Market, Trades N1,390–N1,405 on Parallel Market

The Nigerian currency, the naira, recorded a marginal appreciation on Tuesday as…

CBN: Reforms Shield Nigeria from Worse Economic Shock

The Central Bank of Nigeria has defended its recent policy decisions, stating…

Nigeria Exports 55m Barrels as Dangote Refinery Struggles for Crude

Nigeria exported a total of 55.39 million barrels of crude oil in…

Naira Trades at N1,340/$ Officially, N1,250 on Parallel Market

The Nigerian naira maintained relative stability at the official market but weakened…

IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% Amid Global Pressures

The International Monetary Fund has revised Nigeria’s economic growth forecast for 2026…

Middle East Crisis: FG Moves to Shield Nigeria’s Economy as Oil Prices Surge

Nigeria’s economic managers are racing to contain the ripple effects of the…