Tag: Central Bank of Nigeria

Banks’ Maximum Lending Rate Declines to 33.16% Amid Easing Credit Costs

The maximum lending rate charged by Nigerian banks declined to 33.16 per

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CBN Warns Traders, Real Estate Outlets Over Rejection of ₦100 Notes

How Infrastructure Deficit Stalls Growth in Real Estate can often be worsened

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Naira Stabilizes Against Dollar on June 30, 2026

The Nigerian Naira maintained relative stability against the United States Dollar during

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Nigeria crypto adoption hits second globally amid stigma

Despite ranking second worldwide in grassroots cryptocurrency integration, a distinct public hesitation

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Oil Exports Drive Nigeria’s Current Account Surplus to $4.98bn

Nigeria's current account surplus climbed to $4.98 billion in the first quarter

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Bismarck Rewane FCMB Chairman Appointment Approved

First City Monument Bank (FCMB) has announced the appointment of Bismarck Rewane

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Nigeria FX Reserves Hit $50.2bn: A Massive 17-Year High

A massive economic milestone achieved The Central Bank recently announced incredibly positive

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Tinubu Nominates Lamido Yuguda as CBN Deputy Governor, Awaits Senate Confirmation

President has nominated as Deputy Governor of the (CBN), subject to confirmation

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13 Nigerian Banks Face Uncertainty as CBN Sets March 31 Recapitalisation Deadline

Thirteen Nigerian banks are facing mounting pressure as the March 31, 2026

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FG Targets Lower Debt Servicing Costs Through Inflation Control

The Federal Government has indicated that cooling inflation in Nigeria could pave

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