Tag: CBN

CBN Predicts Petrol Price Surge to N950 per Litre by 2026

In its 2026 Macroeconomic Outlook, the Central Bank of Nigeria (CBN) has…

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Naira Strengthens to N1,424.5/$ in Second Trading Week of 2026

The Nigerian naira recorded a modest but steady appreciation against the U.S.…

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Naira Slides to ₦1,490/$ as FX Gap Widens

The naira weakened further against the United States dollar on Wednesday, reflecting…

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CBN, NDIC Ask Court to Halt Aso Savings, Union Homes Suit

The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation…

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Finance Ministry to Assume CBN’s Development Finance Role

The Federal Ministry of Finance has announced plans to take over development…

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CBN forecasts 4.49% GDP growth for Nigeria in 2026

Nigeria’s economy is expected to grow by 4.49 per cent in 2026,…

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NDIC Assures ASO, Union Homes Depositors of Up to N2m Insurance Payouts

The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of Aso Savings…

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CBN Revokes Licences of Aso Savings, Union Homes

The Central Bank of Nigeria (CBN) has revoked the operating licences of…

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CBN Raises ₦825 Billion in Final 2025 Debt Auctions Amid Inflation Pressure

The Central Bank of Nigeria (CBN) has raised ₦825 billion in its…

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CBN Urged to Scrap Outdated Bank Reference Requirement for Current Accounts

Stakeholders in Nigeria’s financial sector are calling on the Central Bank of…

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