The Central Bank of Nigeria (CBN) recorded its strongest Treasury Bills subscription in over one year as investors bid N3.44…
Browsing: CBN
The naira closed the mid-week trading session at N1,423 to the dollar at the official foreign exchange market, maintaining relative…
Five members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) voted for a 50-basis-point cut in the Monetary…
The Central Bank of Nigeria (CBN) says Nigerian banks have agreed to reduce fraud response times to under 30 minutes…
The Central Bank of Nigeria (CBN) says loans extended by commercial and merchant banks fell to ₦52.656 trillion in June…
The Central Bank of Nigeria (CBN) says credit availability improved across key lending segments in the fourth quarter of 2025,…
Nigerians withdrew a staggering ₦36.34 trillion through Automated Teller Machines (ATMs) in the first half of 2025, despite higher charges…
Twenty-four deposit money banks in Nigeria have successfully met the Central Bank of Nigeria’s (CBN) new recapitalisation requirements ahead of…
The Managing Director of FairMoney Microfinance Bank, Mr Henry Obiekea, says technology-enabled banking has helped to raise formal financial inclusion…
At least three Nigerian banks are likely to merge in early 2026 as pressure mounts on lenders to meet the…