Demand deposits surges N29.67tn in May – CBN
Demand deposits have jumped by 206.83 per cent from N9.67tn in May…
Rising volume of non-bank transactions threaten financial stability – Cardoso
The governor of the Central Bank of Nigeria, Yemi Cardoso, has expressed…
Nigeria’s FX reserve rise to $34.14bn
Nigeria's reserves continued to rise, reaching $34.14 billion on Friday, up 4.06…
Banks to deposit excess FX in CBN Lagos, Abuja offices
The Central Bank of Nigeria on Friday published updated guidelines for Deposit…
FG raises N284b in treasury bills auction
The Federal Government, through the Central Bank of Nigeria, raised a total…
CBN stops FX price verification portal for importers
The Central Bank of Nigeria has announced that the foreign exchange price…
Administration will continue strategic reforms to address economic challenges – Tinubu
President Bola Tinubu has declared that his administration will continue to pursue…
Nigeria’s inflation to decrease to 29.5% by 2024 year-end – PwC
Nigeria's inflation is expected to slightly decrease to 29.5% by the end…
Petrol price surges 223% to ₦770/litre — NBS
The average price of Premium Motor Spirit, also known as petrol, surged…
Nigeria inflation hits 33.69% in April 2024 – NBS
The National Bureau of Statistics has said the headline inflation increased to…
Interest rates may stay high, says Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has…
CBN impose 0.5% Cybersecurity Levy on electronic transfers
The Central Bank of Nigeria has directed the banks in the country…