Tag: CBN

The Central Bank of Nigeria (CBN) significantly increased its foreign exchange (FX) sales in March 2026, supplying $953.41 million to ...

Nigeria’s banks have been urged to make better use of the additional capital raised through the recent recapitalisation exercise by ...

Nigeria’s banking sector now has a stronger financial foundation following the recent recapitalisation exercise, but banks have been urged to ...

Nigeria’s naira-dollar exchange-rate gap narrowed to about ₦40 per dollar on August 14, as the local currency remained relatively stable ...

The Securities and Exchange Commission (SEC) has ordered operators in Nigeria’s capital market to immediately freeze the funds, assets and ...

The Nigerian naira weakened modestly against the US dollar on Friday, August 14, but remained relatively stable as foreign-exchange trading ...

Nigeria’s central bank has loosened key restrictions on banks’ access to liquidity while reviving longer-term repurchase operations, giving financial institutions ...

Nigeria’s deposit money banks increased spending on advertising, promotions and corporate gifts by 5.35 per cent to N76.54 billion in ...

Nigeria’s business environment has returned to expansion, offering fresh signs that economic activity is gradually recovering despite continued pressure from ...

Three months after the Central Bank of Nigeria’s new remittance settlement rules took effect, the reform is tightening regulatory oversight ...