Business
CBN’s Monetary Policy Committee Set for First 2025 Meeting
Nigeria’s Monetary Policy Committee will hold its first 2025 meeting on Feb 19–20, with analysts predicting no changes to the MPR
17 February 2025
CBN
Business
CBN Assures The Public Of Keystone Bank’s Stability Following FG Takeover
Central Bank of Nigeria (CBN) reassures the public of Keystone Bank safety following a court order granting the federal government takeover.
14 February 2025
Business
Nigeria’s PMI Hits 52.0 – Stanbic IBTC Bank Report
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
4 February 2025
Breaking News
Local Governments Face Fresh Hurdle in Receiving Direct FAAC Allocations
Nigerian local governments must submit two-year audit reports to the CBN before receiving direct FAAC allocations
2 February 2025
Business
IMF and World Bank Urge CBN to Sustain Inflation Control Efforts
The IMF and World Bank have emphasized the importance of the CBN efforts to control inflation as Nigeria’s inflation rose to 34.8%
27 January 2025
Business
NESG Outlines Economic Reforms to Boost Nigeria’s Growth in 2025
NESG projects Nigeria’s economy to grow by 5.5% in 2025 with sustained reforms. Key focus: curbing inflation, stabilizing FX rates
25 January 2025
Business
Nigeria’s Foreign Exchange Reserves Drop by $832.62 Million in Two Weeks
Nigeria’s foreign exchange reserves fell by $832.62 million between January 6 and January 21, 2025, highlighting growing macroeconomic challenges
24 January 2025
Business
CBN Urges Nigerian Businesses to Leverage Weak Naira
CBN calls on business-minded Nigerians to take advantage of the export potentials unlocked by the weakened naira.
23 January 2025
Business
CBN Fines Banks ₦150 Million Each Over Cash Shortages
Central Bank of Nigeria (CBN) has fined nine banks ₦150 million each for failing to ensure seamless Naira availability via ATMs during the festive season
15 January 2025
Business
CBN Halts Extension of Export Earnings Repatriation
Central Bank of Nigeria (CBN) tightens forex management, mandating 90- and 180-day deadlines for export earnings repatriation without extensions.
10 January 2025
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