Tag: CBN

The Central Bank of Nigeria (CBN) has introduced the Nigerian Overnight Financing Rate (NOFR) as part of efforts to improve ...

Fidelity Bank Plc has announced a strong financial performance for the 2025 financial year, recording a 45 per cent increase ...

The Nigerian naira extended its slide against the US dollar on Tuesday, touching N1,375 per dollar in the parallel market, ...

Nigeria’s external reserves have fallen by about $855 million within five weeks, according to new figures released by the Central ...

Nigeria’s foreign exchange market experienced a major slowdown in April 2026 as total inflows into the Nigerian Foreign Exchange Market ...

The Central Bank of Nigeria has warned state governments across the country to reduce their dependence on overdrafts and short-term ...

The Central Bank of Nigeria has cautioned state governments against an increasing dependence on short-term borrowing, warning that the trend ...

OPay has strengthened its efforts to promote financial literacy among young Nigerians by participating in a Financial Literacy Fair and ...

The Central Bank of Nigeria (CBN) allotted N731.75 billion worth of Treasury Bills at its May 6 primary market auction, ...

For much of the past decade, the Nigerian Naira was a byword for volatility, a currency hedge funds shorted on ...