Nigeria Economy Expands 12th Month
Nigeria’s economy has sustained its growth trajectory, with the Composite Purchasing Managers’ Index (PMI) increasing to 56.4 points in November. […]
CBN
Naira Gains Against Dollar After CBN Retains Interest Rate
The Nigerian naira has experienced a significant appreciation against the United States dollar at the official foreign exchange market. According
Nigeria Monetary Policy Rate Remains 27%
The Central Bank of Nigeria’s Monetary Policy Committee has decided to maintain the country’s monetary policy rate at 27 percent.
CBN Clarifies Minimum Paid-Up Capital Calculation Rule
The Central Bank of Nigeria has issued a directive to clarify the calculation of minimum paid-up capital for financial holding
Naira handling cautioned by Central Bank of Nigeria ahead of yuletide
The Central Bank of Nigeria (CBN) has urged citizens to handle the naira with care, emphasizing its importance as a
Nigeria foreign reserve hits $46 billion
Nigeria’s foreign reserve has reached a significant milestone, surpassing $46 billion, according to the Central Bank of Nigeria’s Governor, Yemi
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 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