Nigeria’s banking industry is entering a new phase of strength and strategic relevance after lenders raised a combined N4.65 trillion ...
The Central Bank of Nigeria began 2026 with measured optimism, delivering a 50-basis-point rate cut in February that reduced ...
ABUJA (Reuters) -Nigeria's central bank cut its key lending rate for the first time since 2020 on Tuesday, lowering it by 50 basis points as inflation is falling from very high levels. The move takes ...
Nigeria’s central bank is formalizing its shift toward an inflation-targeting framework that will aim to slow price growth to 13% by 2027. Under the phased plan, the central bank will target 16.5% ...
The Central Bank of Nigeria’s new naira settlement rule for diaspora remittances marks a notable shift in policy, with implications for recipients, foreign exchange flows, and market operations, ...
CBN has announced the completion of its banking recapitalisation programme aimed at strengthening the resilience of Nigeria’s ...
Nigeria’s foreign reserves declined by about $547 million within a 15-day period in March 2026, reflecting renewed pressure on the ...
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CBN Moves to Curb Pre-Election Liquidity Risks, Signals Firm Anti-Inflation Stance
A report by VNL Capital has revealed that the Central Bank of Nigeria (CBN) appears to be taking a proactive stance to rein in inflationary pressures ahead of the 2027 election cycle.According to the ...
The Central Bank of Nigeria (CBN) on Wednesday assured the public of the stability of Union Bank PLC, saying it will continue ...
THE Central Bank of Nigeria (CBN) announces the successful conclusion of the banking sector recapitalisation programme ...
Legit.ng on MSN
Photo emerges as man shows award CBN gave his father in 1999 after 20 years of working
Social media users have reacted to the award that CBN gave to his father in 1999 in honour of his 20 years of long service to the apex financial institution.
The Central Bank of Nigeria (CBN) has assembled a team of Senior Advocates of Nigeria (SANs) to challenge a Federal High Court judgment that voided its intervention in Union Bank ...
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