Tag: CBN

The Nigerian naira weakened to N1,400 per U.S. dollar in the parallel market, highlighting persistent pressure on the country's foreign ...

The International Monetary Fund (IMF) has advised Nigeria to strengthen its oversight of stablecoins and other cryptocurrency-related activities to prevent ...

The Nigerian naira remained relatively stable against the US dollar during the first half of the week, trading around N1,361 ...

Nigeria’s banking sector continued to channel a significant portion of its loans to the oil and gas industry in 2025, ...

Nigeria’s banking sector continued to channel the largest share of its loans to the oil and gas industry in 2025, ...

The Central Bank of Nigeria has launched the Nigeria Payments System Vision 2028 (PSV 2028), an ambitious policy framework designed ...

Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...

Sovereign Trust Insurance Plc has successfully remitted a statutory capital deposit of N1.5 billion to the Central Bank of Nigeria ...

Nigeria’s currency, the naira, recorded a slight decline against the United States dollar at the official foreign exchange market on ...

Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move ...