CBN concludes recapitalisation with ₦4.65 trillion raised
..Majority Funded by Nigerian Investors The Central Bank of Nigeria on Wednesday announced the successful conclusion of its 24-month banking ...
Tag: CBN
Naira gains across FX markets as remittance rule boosts liquidity
The naira on Thursday appreciated across foreign exchange (FX) market segments as liquidity improved following a new directive by the ...
No more dollar payments as CBN directs IMTOs to open naira settlement accounts
The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement accounts and ...
Petrol import bill dropped by 28% to $10bn in 2025- CBN
Nigeria’s petrol import bill dropped to $10 billion in 2025, according to Central Bank of Nigeria (CBN) data. In its ...
Naira rebounds to 1,376.19/$ as CBN resumes dollar sales
…External reserves hit $50.01bn on CBN website The naira has rebounded to N1,376.19 per dollar after depreciating for 15 consecutive ...
Nigeria’s gold reserves now $3.5bn, says CBN
The Central Bank of Nigeria (CBN) says its gold reserves have increased to $3.5 billion, following the delivery of “responsibly ...
Nigeria’s Net External Reserves Jump 772% to $34.8bn in Two Years
...Cardoso attributes surge to FX reforms, stronger investor confidence ...Gross reserves hit $50.45bn in February 2026, says CBN Nigeria’s ...
CBN cuts interest rate to 26.50%
The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent. ...
External reserves climb to 13-year high of $50.45bn – CBN
The Central Bank of Nigeria (CBN) on Tuesday said the country’s external reserves have risen to a 13-year high of ...
Banks to cut fraud response times to under 30 minutes as benefits of BVN, NIN kick in – CBN
Banks in the country have agreed to reduce fraud response times to under 30 minutes, a move expected to significantly ...
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