Central Bank of Nigeria
CBN Restricts Mobile Banking Apps to One Device Amid Instant Payments Guidelines
The Central Bank of Nigeria has directed that mobile banking applications can now only be operated on a single device per customer, effectively...
CBN Directs Banks to Block Loan Defaulters from Accessing New Credit
The Central Bank of Nigeria CBN has directed commercial banks to block loan defaulters, particularly large-ticket borrowers, from accessing new credit facilities. The...
Nigerian Naira Shows Balance Against US Dollar in Early Thursday Trading
The Nigerian Naira showed a modest but steady performance against the United States Dollar during early trading on Thursday March 12 2026. Data...
British Pound Strengthens Against Nigerian Naira in Early Thursday Trading
The British Pound Sterling continued to gain strength against the Nigerian Naira during early trading hours on Thursday March 12 2026 as currency...
Pound Strengthens Against Naira as Forex Market Opens Week with Volatility
The British Pound Sterling began the second full trading week of March 2026 with a noticeable gain against the Nigerian Naira on Monday...
NDIC Urges Students in Anambra to Develop Early Savings Culture
The Nigeria Deposit Insurance Corporation has encouraged students to develop the habit of saving money in licensed banks as a way of securing...
Nigeria’s Net Foreign Exce Reserves Surge to $34.8 Billion in 2025, Central Bank Reports
The Central Bank of Nigeria announced that the country’s net foreign exchange reserves reached $34.8 billion by the end of 2025, marking a...
Nigeria’s Net External Reserves Hit $34.8 Billion, CBN Governor Reports
Central Bank of Nigeria Governor Olayemi Cardoso has revealed that Nigeria’s net external reserves stood at $34.8 billion as of December 2025, marking...
Naira Rebound Offers Hope but Real Living Standards Remain Elusive for Nigerians
Despite the recent rebound of the naira and economic reforms under President Bola Tinubu’s administration, millions of Nigerians may not feel meaningful improvements...
British Pound Strengthens Slightly as Naira Gains Ground in Early Week Trading
The British Pound opened the new trading week with moderate gains against the Nigerian Naira on Monday, February 23, 2026, as data from...
