Lagos: Central Bank of Nigeria Governor Olayemi Cardoso announced the country’s net foreign exchange reserves stood at $34.80 billion as of December 2025. In a statement issued on Monday in …
CentralBank
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Lagos: The Naira ended the week on a weaker note on Friday, slipping by ₦2.60 against the U.S. dollar at the official foreign exchange market. It settled at N1,450.42, according …
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Abuja: The Central Bank of Nigeria (CBN) has scrapped cash deposit limits and raised the weekly withdrawal cap from ₦100,000 to ₦500,000. The CBN made this known in a circular …
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Business & Economy
Cardoso Applauds CBN Monetary Policy Department for Driving Historic Economic Achievements
Abuja: Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, has commended the Monetary Policy Department (MPD) of the apex bank for its pivotal role in driving the apex bank’s …
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Lagos, Nigeria: The Nigerian Naira continued its downward slide, closing at ₦1,475.35 per U.S. dollar at the official foreign exchange market, according to figures released by the Central Bank of …
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Washington: The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September – its lowest point in three years. …
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Ikeja, Nigeria. The high-profile $4.5 billion fraud trial of former Central Bank Governor Godwin Emefiele has hit a significant snag, as a court-ordered forensic examination of key digital evidence—an iPhone …
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Lagos, Nigeria: The Naira closed the week bullish on Friday, trading at N1,487.89 to the Dollar at the official market. According to Central Bank of Nigeria (CBN) data, the currency …
