Central Bank of Nigeria
Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Supply Shortage
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as domestic refiners, including...
Naira Gains Strength Against Dollar Amid Improved Forex Supply
The Nigerian Naira showed renewed strength against the United States Dollar in early trading on Thursday April 16 2026 supported by increased foreign...
Naira Shows Marginal Recovery in Early Tuesday Trading Amid Market Firmness
The Nigerian Naira recorded a slight recovery in early trading hours on Tuesday, April 14, 2026, as the foreign exchange market responded to...
Nigeria Borrowing Rises to N8.1 Trillion in Q1 2026 Amid Debt Concerns
Nigeria’s fiscal pressures deepened in the first quarter of 2026 as the Federal Government increased domestic borrowing to N8.1 trillion, representing a 7.4...
Naira Holds Steady Against Dollar Despite Reserve Pressures as Q1 Ends
The Nigerian Naira maintained relative stability against the US Dollar in the official market as the first quarter of 2026 concluded, even amid...
CBN Wins Central Bank of the Year Award for firm Nigerian Economy
The Central Bank of Nigeria has been named Central Bank of the Year by Central Banking magazine, recognising sweeping reforms that restored macroeconomic...
CBN Governor Says Financial Reforms Strengthen Nigeria’s Resilience and Investor Confidence
Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has stated that recent monetary and financial-sector reforms have enhanced Nigeria’s capacity to...
Pound Holds Strong Against Naira in Early Monday Trading
The British Pound Sterling maintained a strong position against the Nigerian Naira during early trading hours on Monday March 16 2026 as Nigeria’s...
Signature Bank Surpasses ₦50bn Capital Requirement in CBN Recapitalisation Drive
Signature Bank Limited has increased its capital base to ₦52 billion, exceeding the ₦50 billion minimum capital requirement set by the Central Bank...
Sanusi Says Years Away from Kano Helped Him Avoid Humiliation and Earn PhD
The Emir of Kano, Muhammadu Sanusi II, has revealed that the years he spent away from Kano after his dethronement helped him avoid...
