Tag: Central Bank of Nigeria

Naira in Circulation Dips to N5 Trillion in March 2025 Amid CBN Liquidity Management Efforts

The total amount of naira circulating within the Nigerian economy has witnessed…

Genesis Obong

CBN Governor Assures Global Investors of Nigeria’s Economic Stability Amidst Ongoing Reforms

Nigeria's central bank governor, Olayemi Cardoso, has conveyed a message of assurance…

Genesis Obong

Nigeria’s Economic Reforms Bolster Resilience Amid Global Headwinds, Says IMF

Significant economic reforms undertaken by Nigeria since 2023 have notably enhanced the…

Genesis Obong

JP Morgan Eyes Major Nigeria Expansion with Merchant Banking Bid

American financial giant JP Morgan Chase & Co. is set to significantly…

Genesis Obong

FG Announces 9-Month Amnesty for Dollar Holdings Outside Banking System

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

Muhammad A. Aliyu

CBN Debunks Claims of Phasing Out Old Naira Notes by December 2024

The Central Bank of Nigeria (CBN) has refuted reports suggesting that the…

Muhammad A. Aliyu

CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has…

Muhammad A. Aliyu

CBN Hikes Interest Rate to 26.25% for the third Time in 2024

The Central Bank of Nigeria (CBN) has increased the monetary policy rate…

Adamu Abubakar