The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday hosted a delegation from Standard and…
Browsing: CBN
The Naira has shown remarkable stability against the US dollar since late 2024. After extreme volatility with rates spiking above $1:…
Nigeria’s currency, the naira, appreciated to N1,362 per dollar on Tuesday, sustaining its recent upward trend in the foreign exchange…
Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and…
Impairment charges across Nigeria’s 10 banks surged to N3.2 trillion in their 2025 audited financial statements, as the end of…
The naira appreciated to N1,367.5 per dollar on May 4, 2026, extending gains recorded in April and signaling a firmer…
The Nigerian naira strengthened against the British pound sterling in the official market, appreciating to N1,858/£1, according to the latest…
The naira strengthened against the US dollar in April 2026, closing at N1,374/$ compared with N1,387/$ at the end of…
There is a notable structural shift in the Nigerian banking sector as the industry is characterized as highly capitalized but…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through a Nigerian Treasury Bills (NTBs) auction…