The Central Bank of Nigeria (CBN) has announced plans to take control of the country’s fixed income market starting in November 2025. The move means the bank will directly manage both settlement and trading activities, [Read More!]
The Central Bank of Nigeria (CBN) has announced plans to take control of the country’s fixed income market in November 2025. Under the new system, the bank will manage both settlement and trading activities. This [Read More!]
In a significant development for Nigeria’s financial industry, the Central Bank of Nigeria (CBN) has confirmed that fourteen commercial banks have now met the bank’s newly established capital requirements ahead of the March 2026 deadline. [Read More!]
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!]
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