Edun Says Tinubu Reforms Drive Sustainable Economic Growth
President Bola Tinubu’s economic reforms are being described as long-lasting and capable of sustaining themselves, with a clear focus on ...
Tag: Central Bank of Nigeria
Nigeria’s Inflation Edges Higher to 15.38% in March Amid Renewed Price Pressures
Nigeria's inflation pressures edged higher in March 2026, according to new data from the National Bureau of Statistics, highlighting persistent ...
IMF Endorses Nigeria’s Bank Recapitalisation Drive Amid Global Uncertainties
The International Monetary Fund has endorsed Nigeria's ongoing bank recapitalisation drive, stating that stronger capital buffers are cushioning the financial ...
CBN OMO Sales Bolster Naira Amid Persistent Reserves Pressure
The Nigerian Naira strengthened by 1.76 percent over the last four trading days, closing at N1,356.89 per dollar, supported by ...
CBN, Polaris Bank Refute Liquidation Rumours as Fake News Spreads
The Central Bank of Nigeria and Polaris Bank have refuted claims circulating on social media that the bank is undergoing ...
CBN refutes Polaris Bank liquidation rumours, assures stability
The Central Bank of Nigeria has dismissed widespread claims suggesting that Polaris Bank is undergoing liquidation, describing the reports as ...
Naira Weakens as Slowing Inflows, Reserve Decline Test FX Stability
The naira has come under renewed pressure as slowing foreign exchange inflows and a decline in Nigeria's external reserves test ...
World Bank Warns Oil Price Surge Could Worsen Nigeria’s Inflation
The World Bank has cautioned that rising global oil prices, driven by the ongoing Middle East conflict between the United ...
Naira Weakens to N1,389/$ as External Reserves Drop by $850m
Nigeria’s currency came under renewed pressure as the naira weakened to N1,389 per dollar, following a sharp decline in the ...
CBN Inaugurates Payments Service Providers Committee as Digital Transactions Surpass N1 Quadrillion
The Central Bank of Nigeria has inaugurated a Payments Service Providers Committee (PSPC) as digital transactions in the country surged ...
