CBN
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Economy
Tony Elumelu to exit UBA chairmanship over CBN tenure rule
United Bank for Africa (UBA) is preparing for a change at the top of its board, with Group Chairman Tony…
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Economy
CMAN appraises CBN, seeks gradual moderation of interest rates
The Capital Market Academics of Nigeria (CMAN) has commended the Central Bank of Nigeria (CBN) for its recent monetary reforms…
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Economy
Naira stability fragile, exchange rate equilibrium not yet reached
A financial and strategic management expert, Mrs. Ololade Adesola, says while recent improvements in economic fundamentals have stabilised the naira,…
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Economy
CBN Unveils PSV2028 to Strengthen Nigeria’s Digital Economy
The Central Bank of Nigeria (CBN) on Monday unveiled the Payments System Vision 2028 (PSV 2028) to strengthen the country’s…
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Economy
Banks’ Lending to Nigerian Government Increases by N15.66tn in One Year
Nigerian banks significantly ramped up lending to the federal government over the past year, with credit to the public sector…
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Economy
Nigeria’s Money Supply Reaches N124.99tn Amid Growing Liquidity Pressures
Nigeria’s broad money supply climbed to N124.99 trillion in April 2026, up from N123.12 trillion recorded in February, reflecting continued…
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Economy
Nigeria’s External Reserves Gain $551m in May as FX Outlook Strengthens
Nigeria’s foreign exchange reserves have rebounded strongly in May 2026, rising by approximately $551 million after sustained pressure throughout April,…
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Economy
Wema Bank Gets ‘A’ Rating Upgrade from Agusto & Co.
Agusto & Co. has upgraded Wema Bank’s long-term credit rating from A- to A, marking a significant milestone for the…
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Economy
Nigeria 305th Monetary Policy Committee Briefing May 2026
The Central Bank of Nigeria (CBN) has opted to maintain its benchmark interest rate at 26.5% following the conclusion of…
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Economy
Economists Commend CBN on Sustained External Reserves Amid Global Shocks
Economists have commended the Central Bank of Nigeria (CBN) for sustaining the country’s external reserves at 48.54 billion dollars amid…
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