Tag: Central Bank of Nigeria

Nigeria’s Economic Growth Continues as PMI Hits 53.2

Nigeria's Economic Growth Strengthens as CBN PMI Rises to 53.2 in October…

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Dapo Olagunju to Lead JPMorgan’s Proposed Nigeria Bank

Dapo Olagunju to Lead JPMorgan’s Proposed Merchant Bank in Nigeria Nigerian banking…

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N2.06tn in Personal Loans Highlights Growing Pressure on Nigerian Households

Personal loans obtained by Nigerians rose to an estimated N2.06tn in May…

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High Living Costs Push Nigerians to Delay Homes, Investments, CBN Says

Nigerian households became more pessimistic about their economic and financial conditions in…

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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…

Naira Stabilizes Against Dollar on June 30, 2026

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