Naira ends July weaker at N1,368.22/$ despite CBN reforms, extends week-long decline
Nigeria's currency, the naira, closed the month of July on a weaker footing at the official foreign exchange market, settling ...
Tag: CBN
CBN: Nigeria’s Consumer Credit Falls 19.89% for First Time in Six Years
Nigeria's consumer credit contracted for the first time in six years in 2025, declining by 19.89 per cent to N3.78 ...
Supreme Court Upholds Final Forfeiture of Emefiele’s Mansions, $2.045m to FG
The Supreme Court has upheld the final forfeiture of seven landed properties, $2.045 million and share certificates linked to former ...
Nigeria’s Net FX Reserves Rise from $3bn to $40bn, Says CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Nigeria's net foreign exchange reserves have increased from ...
CBN Warns Nigerians Against Rejecting Standard N100 Note, Says It Remains Legal Tender
The Central Bank of Nigeria (CBN) has warned Nigerians, businesses, financial institutions and other economic stakeholders against rejecting the standard ...
FULL LIST: CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Breaches
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, citing multiple regulatory infractions ...
CBN: FG Borrowing Climbs to N40.38tn While Private Sector Credit Slows
Nigeria’s domestic borrowing profile expanded significantly in May 2026, with fresh data from the Central Bank of Nigeria (showing that ...
Fraudsters Steal N134 Billion From Nigerian Banks, Customers in Six Years – CBN
Nigerian banks and their customers lost a combined N134.48 billion to fraud between 2020 and 2025, underscoring the growing security ...
POPULAR NEWS
Transfer: Tottenham Target Victor Osimhen as Galatasaray Demand €150m
Tottenham Hotspur have reportedly entered the race to sign Super Eagles striker Victor Osimhen, with the Premier League club said...
