CBN Injects $50 Million to Stabilise FX Market as Reserves Hit Three-Year High
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange market with a $50 million injection to ease ...
Tag: CBN
CBN Says Over One Million Farmers Benefited From Agricultural Schemes, Millions of Jobs Created
The Central Bank of Nigeria has announced that more than 1.14 million farmers have taken part in producing 17 different ...
CBN Urges Nigerians to Preserve Naira, Promotes Alternative Payment Channels for Economic Growth
The Central Bank of Nigeria (CBN) has renewed its appeal to citizens to protect and preserve the dignity of the ...
CBN, NDIC Forge Stronger Front to Protect Depositors and Steer Nigeria’s Financial Stability
The Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation have renewed their commitment to deeper collaboration to safeguard ...
CBN Targets Legal Action Against FX Forward Contract Violators After Forensic Audit
The Central Bank of Nigeria has announced plans to take legal action against violators of foreign exchange forward contracts, following ...
CBN Suspends Instant Cheque Alerts to Curb Dud Cheques
In a move to curb the rising cases of bounced and dud cheques, the Central Bank of Nigeria (CBN) has ...
CBN’s Anchor Borrowers’ Program Failed to Deliver For Smallholder Farmers,Agri-SMEs -AFAN
The now-suspended Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) has been declared a failure by the ...
CBN Publishes Current Loans and Savings Interest Rates for Nigerian Banks as the MPC Meeting Approaches: Here’s the Breakdown of the Current Rates and What It Means for MSMEs
As the Central Bank of Nigeria (CBN) prepares for its upcoming Monetary Policy Committee (MPC) meeting, a detailed breakdown of ...
Public Confidence in Inflation Outlook Rises in June 2025 – CBN Survey
A growing number of Nigerians are beginning to feel the impact of economic reforms aimed at curbing inflation, with public ...
Loan Defaults Surge in Q2 2025, Small Businesses Hit Hardest Despite Eased Credit Conditions
Loan defaults rose sharply across all major borrower categories in the second quarter of 2025, with small businesses bearing the ...
