Nigeria’s inflation rate is forecast to decline to 27.1% by December 2025, signaling positive impacts of reforms. Economic growth is projected at 3.5%
FirstBank Group CEO, Olusegun Alebiosu expresses confidence that the 2025 budget will offer stimulation to the Nigerian economy
CBN Governor issues clarifications to House of Representatives’ committee regarding 1000 CBN staff disengaged from service in 2024
Technical advancements and a weakened Naira boost Nigeria’s diaspora remittances, improving living standards for many low- and middle-income.
The CBN introduces new regulations limiting PoS transaction volumes to curb economic sabotage and promote a cashless economy.
Despite cash in circulation at an all time high, Nigerians face pervasive cash scarcity, compelling the CBN to act by slapping fines on banks selling mints to currency hawkers.
CBN debunks claims of December 31st deadline for old banknotes, allaying fears over looming cash scarcity, economic disruptions.
Nigeria’s naira strengthens to N1,515 per dollar amid market reforms and improved forex inflows. Analysts predict stability around N1,500/$
Financial experts praise the Central Bank of Nigeria’s EFEMS initiative, aiming to boost transparency and efficiency in forex trading
CBN has unveiled new guidelines for interbank forex trading through the Electronic Foreign Exchange Matching System (EFEMS)
