Tag: CBN

The Central Bank of Nigeria (CBN) has officially authorized the Bank of Industry (BOI) to establish a non-interest banking window, ...

Nigeria’s central bank has announced plans to accelerate the rollout of open banking and pursue regulatory passporting arrangements with other ...

Nigeria’s financial technology sector is facing growth constraints due to regulatory bottlenecks, including unclear compliance rules and prolonged licensing processes, ...

Nigeria’s gross external reserves have risen to $46.11 billion, marking the highest level in almost eight years and positioning the ...

Nigeria’s naira has crossed a key psychological threshold, trading below N1,400 to the dollar on the official foreign exchange market ...

The naira strengthened to a two-year high of about N1,400 to the dollar at the official foreign exchange market on ...

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, supported largely by favourable oil prices, even as ...

The Central Bank of Nigeria has approved a temporary measure allowing importers to process import documentation using expired National Agency ...

Nigeria’s inflationary pressures remain elevated, driven largely by persistent food price increases, even as monetary authorities maintain a tight policy ...

The naira has recorded a marginal appreciation at the official foreign exchange market, reflecting early signs of stability following recent ...