Business Tariff Shock: Oil declines, CBN sells $198 million to support Naira Alagbe Shenayon Apr 7, 2025 Crude oil prices have dropped by more than 12%, now hovering around $65.50 per barrel, following the implementation of extensive…
News CBN Boosts FX Market With $197.71m Amid Trump Tariffs Alagbe Shenayon Apr 6, 2025 The Central Bank of Nigeria (CBN) has injected $197.71 million to promote market liquidity and stability in the foreign…
Business CBN breaks silence on alleged introduction of N5,000, N10,000 notes Oluwadamilare Emmanuel Apr 3, 2025 The Central Bank of Nigeria (CBN) has denied introducing N5,000 and N10,000 currency notes. The apex bank was reacting to a…
News Nigeria’s net reserve hits $23bn, highest in over three years — CBN Esther Adekanla Apr 2, 2025 Nigeria’s Net Foreign Exchange Reserve (NFER) at the end of 2024 stood at $23.11 billion, marking the highest level in over three…
Business CBN projects gradual inflation drop in next six months Alagbe Shenayon Mar 19, 2025 The Central Bank of Nigeria (CBN) has projected a gradual drop in inflation rate over the next six months. This is contained in…
News Suspend ATM charges hike, Reps tell CBN Alagbe Shenayon Mar 11, 2025 The House of Representatives has passed a resolution urging the suspension of increased Automated Teller Machine (ATM) transaction…
Business CBN appoints 16 new directors Oluwadamilare Emmanuel Mar 5, 2025 The Central Bank of Nigeria (CBN) has appointed 16 new directors to head key departments. The directors’ appointments took…
News Assembly Crisis: Supreme Court stops CBN, Accountant General from releasing… Alagbe Shenayon Feb 28, 2025 The Supreme Court has prohibited the Central Bank of Nigeria (CBN), the Accountant General of the Federation, and other agencies…
News CBN obstructing probe Into N30trillion Ways And Means –Senate Toyibat Ajose Feb 26, 2025 The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of obstructing its…
News Kano Court orders CBN to release LGA funds Toyibat Ajose Feb 19, 2025 A high court in Kano State has issued a permanent order restraining the Central Bank of Nigeria (CBN) from withholding funds…