Nigeria’s Foreign Reserve Rises To $46bn
The nation’s foreign reserve has risen to over $46 billion, according to the Governor of the Central Bank of Nigeria ...
Tag: CBN
CBN says Nigeria’s foreign reserves now at five-year high of $43bn
The Central Bank of Nigeria (CBN) has announced that the country’s foreign exchange (FX) reserves have climbed to a five-year ...
Nigeria’s Inflation Rate Falls to 18.02% In September, Sixth Consecutive Monthly Decline
Nigeria’s headline inflation rate dropped to 18.02 per cent in September 2025, representing a significant 2.1 percentage point decrease from ...
CBN Reduces Interest Rate By 50 Basis Points To 27%
The Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate by 50 basis points, from 27.5 per ...
Naira records marginal gain in August as reserves rise by N1.7bn
The naira recorded a marginal gain against the dollar in August, supported by a boost in Nigeria’s external reserves and ...
Nigeria’s forex reserves rise to a record $41bn high
Nigeria’s foreign exchange reserves have climbed to $41.00 billion as of August 19, 2025, the highest level in 44 months, ...
CBN retains 27.5% interest rate; 8 banks meet recapitalisation target
The Central Bank of Nigeria (CBN) has maintained the current Monetary Policy Rate (MPR) of 27.5 percent with all policy ...
SERAP drags CBN to Court over non-disclosure of 774 LGAs allocations
The Socio-Economic Rights and Accountability Project (SERAP) has filed a legal action against the Central Bank of Nigeria (CBN), ...
Nigeria’s external reserves grew by 5.6% to $38.8bn in 2024 — CBN
Nigeria’s external reserves grew by 5.6% to $38.8bn in 2024 — CBN The Central Bank of Nigeria, CBN, has ...
CBN begins ‘mystery shopping’ to monitor BDCs’ compliance with anti-money laundering rules
CBN begins ‘mystery shopping’ to monitor BDCs’ compliance with anti-money laundering rules The Central Bank of Nigeria (CBN) says ...
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