Nigeria’s diaspora remittances hit record $1.57bn in Q2
Nigeria’s international money transfer inflows rose by 33 per cent year-on-year to $1.57bn in the second quarter of 2026, setting ...
Tag: CBN
CBN says Nigeria’s current account surplus rose 68% to $7bn in Q2 2026
Nigeria’s current account surplus rose 67.93 percent to $7.54 billion in the second quarter (Q2) of 2026, driven mainly by ...
CPPE Backs CBN’s Decision to Hold Monetary Policy Rates
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria for retaining key monetary ...
CBN Holds Interest Rate at 26.5% Amid Inflation Battle
The Central Bank of Nigeria (CBN) has retained its benchmark interest rate at 26.5 per cent, reinforcing efforts to stabilise ...
CBN Foreign Rule Wipes N2tn Off NGX
The Nigerian stock market closed sharply lower on Thursday as investors lost N1.92 trillion following a wave of sell-offs in ...
NCC and CBN Unite to Tackle Fraud, Shield Consumers
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) aimed ...
NCC and CBN Join Forces to Tackle Fraud, Protect Consumers
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) to ...
Bello Trial: Witness Says Kogi Govt Followed CBN Rules
A prosecution witness, Olomotane Egoro, told a Federal High Court, Abuja Division, that the transactions linked to the Kogi State ...
CBN Says 30 Banks Have Met Minimum Capital Requirements
The Central Bank of Nigeria (CBN) says 30 banks have met the minimum capital requirements announced in March 2024. In ...
CBN Reduces Benchmark Interest Rate to 26.5%
The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points to 26.5 per cent, ...
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