Nigeria inflation drops to 18.02 percent in September
Nigeria’s inflation rate has dropped to 18.02% in September 2025, a significant decrease of 2.1 percentage points from the 20.12% […]
CBN
CBN Caps POS Transactions At N1.2m Daily
The Central Bank of Nigeria (CBN) has introduced new guidelines to regulate agent banking operations, capping daily cash-out transactions for
CBN Sets New POS Transaction Limits At N1.2 Million
The Central Bank of Nigeria (CBN) has introduced new guidelines for agent banking, also known as Point of Sales (POS),
Nigeria current account surplus rises to $5.28 billion
Nigeria’s current account surplus has increased to $5.28 billion in the second quarter of 2025, up from $2.85 billion in
Nigeria Banks Meet 2026 Recapitalisation Requirements Ahead
The Central Bank of Nigeria has announced that 14 financial institutions in the country have met their 2026 recapitalisation requirements.
Nigeria Cuts Interest Rate to 27 Percent
The Central Bank of Nigeria’s Monetary Policy Committee has announced a reduction in the interest rate, decreasing it by 50
Osun PDP Demands Probe Into Suspected Judicial Interference
The Osun State chapter of the Peoples Democratic Party (PDP) has petitioned the Chief Judge of the Federal High Court,
Nigeria Payments System Vision 2028 Launched
The Central Bank of Nigeria has initiated the development of a new strategic framework for the country’s payments ecosystem, introducing
Nigeria Payments System Vision 2028 Launched
The Central Bank of Nigeria has initiated the development of a new strategic framework for the country’s payments ecosystem, introducing
Nigeria diaspora remittances triple to $600 million monthly
Nigeria’s diaspora remittances have witnessed a significant surge, with monthly inflows tripling to $600 million over the past two months.