Nigeria’s gross external reserves increased by approximately $1.22 billion in May 2026, closing the month at $49.58 billion, according to…
Browsing: CBN
The Central Bank of Nigeria (CBN) has redeployed all four deputy governors of the apex bank in a major internal…
The Central Bank of Nigeria (CBN) has unveiled a reform agenda aimed at achieving 95 per cent financial inclusion by…
The Central Bank of Nigeria (CBN) is expected to face renewed liquidity management pressure in June 2026 as the financial…
The Central Bank of Nigeria (CBN) unveiled the Payments System Vision 2028 (PSV 2028) on Monday to strengthen the country’s…
Nigeria’s banking sector recorded a further decline in asset quality in January 2026, with the non-performing loans (NPL) ratio rising…
The naira closed at N1,372/$1 at the end of May 2026, reflecting a marginal depreciation of 0.36 per cent compared…
Banks’ credit to the Nigerian government increased by N15.66 trillion within one year as lenders continued to expand exposure to…
The Central Bank of Nigeria (CBN) recorded a net liquidity withdrawal of N1.569 trillion in May 2026 after draining N7.303…
Nigeria spent $2.34 billion on food imports in 2025, according to the latest Quarterly Statistical Bulletin released by the Central…