The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...

Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown. The figures, published on the apex bank’s ...

But sadly, in Nigeria, appointments into the CBN are not seen as part of the building block for the country’s economic ...

THE Central Bank of Nigeria’s order to bank directors with non-performing insider-related loans to step down as part of new ...

Nigeria’s foreign exchange reserves dropped by $1.31 billion in February 2025, reflecting ongoing external pressures amid a ...

The house of representatives has demanded the suspension of the increase in automated teller machines (ATMs) transaction fees ...

First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...

Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...

Olayemi Cardoso, the CBN governor, said the apex bank is now more than ever, consolidating market gains and ensuring sustained ...

Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following ...

The new ATM charges come at a time when Nigerians are already burdened by skyrocketing inflation, stagnant wages, and a cost-of-living crisis. For many, ...