Latest Business News
CBN Reclaims N2 Trillion — Dumps Direct Lending for Good
By Muhammad Mamman The Central Bank of Nigeria (CBN) says it has…
Nigeria’s FX Market Hits $500m Daily Turnover as Cardoso Hails Liquidity Without CBN Support
By Muhammad Mamman Nigeria’s foreign-exchange market is now turning over about $500…
Nigeria’s Trade Surplus Shrinks Sharply as Imports Surge
Nigeria’s trade position weakened in July as rising import bills and…
CBN Holds Key Interest Rate at 27% to Sustain Inflation Control Efforts
The Central Bank of Nigeria (CBN) has maintained the Monetary Policy…
CBN Proposes Five-Year Ban for Repeat Dud Cheque Offenders
The Central Bank of Nigeria (CBN) has introduced stricter measures to…
16 Nigerian Banks Fully Meet CBN Capital Requirements, Says Cardoso
The Central Bank of Nigeria (CBN) has confirmed that 16 banks…
CBN Cracks the Whip: New HoldCo Capital Rule Lands After Earnings Delay
By Muhammad Mamman Nigeria’s Central Bank has issued a fresh directive setting…
CBN Monetary Policy Easing Hits Target as Foreign Reserves Soar and Inflation Drops
Nigeria’s inflation rate continued its downward trajectory, easing to 16.05% in October…
Households Stumble on Mortgage Repayments as Corporate Giants Bounce Back – CBN Survey
A new survey from the Central Bank of Nigeria (CBN) has…
Nigeria’s Foreign Reserves Hit Seven-Year High of $46.7 Billion, Marking Major Economic Milestone – CBN
•Renewed Investor Confidence, Stronger Oil Receipts, and Stabilized Forex Market Drive…
