The Central Bank of Nigeria (CBN) imposed N430 million in penalties on financial institutions in 2025 over delays in resolving…
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The amount of physical cash held outside Nigeria’s banking system fell by N485.80 billion in the first six months of…
Nigeria’s foreign exchange market recorded a sharp increase in trading activity last week, with total turnover rising to a record…
The naira maintained its upward momentum across Nigeria’s foreign exchange (FX) market this week despite renewed strength in the US dollar, highlighting…
For a country whose central bank once drew a firm line between the banking system and the world of cryptocurrency,…
The Central Bank of Nigeria (CBN) is set to offer N700 billion worth of Nigerian Treasury Bills (NTBs) at its…
The total currency in circulation in Nigeria declined to N5.52 trillion in June 2026, reflecting a moderation in cash usage…
The naira extended its gains against the US dollar in the official foreign exchange market on Thursday, supported by improved…
The Central Bank of Nigeria (CBN) has disclosed that the country’s broad money supply (M3) rose to ₦133.25 trillion in…
Latest monetary data from the Central Bank of Nigeria (CBN) have shown that credit extended to Nigeria’s private sector rose…