The Central Bank of Nigeria (CBN) has approved the use of cash for Basic Travel Allowance (BTA) for Nigerian pilgrims in the 2025 Hajj, following a significant intervention by Vice President Kashim Shettima. This decision [Read More!]
In a promising development for Nigeria’s economy, the Central Bank of Nigeria (CBN) has announced a significant $6.83 billion balance of payments surplus in the first quarter of 2024. This milestone is a testament to [Read More!]
With inflation continuing to squeeze Nigerian households, the Central Bank of Nigeria (CBN) has emphasized the need for strategic investments in food storage, transportation, and supply-chain infrastructure to combat rising prices. At the February 2025 [Read More!]
In a bid to foster global intellectual collaboration, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to driving policy-driven discourse and economic reforms. Hosting a delegation [Read More!]
The Nigerian Senate has officially confirmed Professor Melvin D. Ayogu as a member of the Board of Directors of the Central Bank of Nigeria (CBN), solidifying his role in shaping the country’s monetary policies. The [Read More!]
LONDON – The Central Bank of Nigeria’s (CBN) Deputy Governor, Corporate Services, Ms. Emem Usoro, has reiterated the Bank’s commitment to driving financial inclusion for women and underserved groups through bold, data-driven policies. Speaking at [Read More!]
The House of Representatives has called on the Central Bank of Nigeria (CBN) to immediately halt its recent policy that increases ATM transaction charges and removes free withdrawals for customers using other banks’ ATMs. The [Read More!]
Local governments across Nigeria are on the brink of receiving direct financial allocations from the Federation Account, marking a major step toward financial autonomy. In light of this development, the Association of Local Governments of [Read More!]
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