CBN

ABUJA, Aug 18- Nigeria’s ATM transactions rose by 6.6% year-on-year to 438.6 million in the first quarter of 2026, while Point-of-Sale (PoS) …

ABUJA, July 17 – The Central Bank of Nigeria (CBN) has introduced a new digital system that will track every dollar bought …

LAGOS, July 10 – A group of shareholders has asked the Central Bank of Nigeria (CBN) to review its proposed capital requirements …

ABUJA, July 8 – Nigeria’s data centre industry is preparing for a major shift after the Central Bank of Nigeria directed banks, …

LAGOS, July 2 – The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across the country …

LAGOS, June 24 – Credit extended to Nigeria’s private sector rose to N81.04 trillion ($59.1 billion) in May 2026, up from N80.59 …

LAGOS, June 2 – Nigeria’s banking sector has recorded a rise in non-performing loans (NPLs), with the ratio climbing to 8.03% in …

ABUJA, May 25 – Nigeria’s foreign exchange reserves rebounded by about $551 million in the first three weeks of May, reversing losses …

ABUJA, May 21 – The Central Bank of Nigeria Governor Olayemi Cardoso said the country has built sufficient economic buffers to withstand …

LAGOS, Mar 26 – Nigeria’s central bank has lifted restrictions on the use of oil export earnings, allowing international oil companies to …