Bismarck Rewane FCMB Chairman Appointment Approved
First City Monument Bank (FCMB) has announced the appointment of Bismarck Rewane…
Nigeria FX Reserves Hit $50.2bn: A Massive 17-Year High
A massive economic milestone achieved The Central Bank recently announced incredibly positive…
Tinubu Nominates Lamido Yuguda as CBN Deputy Governor, Awaits Senate Confirmation
President has nominated as Deputy Governor of the (CBN), subject to confirmation…
13 Nigerian Banks Face Uncertainty as CBN Sets March 31 Recapitalisation Deadline
Thirteen Nigerian banks are facing mounting pressure as the March 31, 2026…
FG Targets Lower Debt Servicing Costs Through Inflation Control
The Federal Government has indicated that cooling inflation in Nigeria could pave…
Naira to Dollar Exchange Rate, Wednesday 7, 2026
As trading resumed across foreign exchange markets on Wednesday, January 7, 2026,…
Nigeria’s External Reserves Hit $46.7 Billion
Nigeria’s external reserves have increased to $46.7 billion as of November 14,…
Cardoso Applauds S&P Upgrade, Calls Central Bank Nigeria’s Beacon of Economic Stability
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…
Naira Steadies at ₦1,445 per Dollar Amid Improved FX Inflows
The naira remained stable on Wednesday, November 5, 2025, with the U.S.…
Nigeria’s Net Domestic Credit Falls 12.8% to N98.97 Trillion Amid Monetary Policy Easing
Nigeria’s Net Domestic Credit (NDC) fell by 12.8 percent year-on-year to N98.97…