Tag: Central Bank of Nigeria

IMF Urges Nigeria to Deepen Fiscal, Monetary and Governance Reforms

The International Monetary Fund (IMF) has urged Nigeria and other major African

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Nigeria Food Inflation Climbs as Households Face Rising Living Costs

Nigeria’s inflation picture is showing mixed signals as headline inflation continues to

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NDIC Starts Compensation for Customers of 46 Closed Microfinance Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured

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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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