Tag: CBN

Banks’ CBN deposits hit N79.8tn as liquidity surges 784%

Banks' deposits with the Central Bank of Nigeria rose sharply by 783.7…

Alade Abayomi Adeleke

CBN to raise N1.76tn for FG via Q3 treasury bills

As part of the Federal Government’s strategy to fund the 2025 budget,…

Wilson Adekumola

Senate hails CBN over economic gains, seeks further reforms

The Senate has commended the Central Bank of Nigeria for what it…

Alade Abayomi Adeleke

Bank deposits at CBN surge 907% to N68.9trn amid excess liquidity

Nigerian banks dramatically increased their deposits with the Central Bank of Nigeria…

Alade Abayomi Adeleke

Nigeria records $3.73bn current account surplus in Q1 2025 – CBN

The Central Bank of Nigeria has announced that Nigeria achieved a current…

Alade Abayomi Adeleke

POS transactions surge to N223tn in 2024 as ATM usage declines

The use of Point of Sale terminals in Nigeria has seen a…

Buna Juliet

Bank customers petition CBN excess charges

The Bank Customers Association of Nigeria has formally petitioned the Central Bank…

Buna Juliet

CPPE decries CBN’s 27.5% interest rate hold

The Centre for the Promotion of Private Enterprise has expressed unease over…

Wilson Adekumola

CBN maintains interest rate at 27.5%

The Central Bank of Nigeria has maintained its benchmark interest rate at…

Buna Juliet

CBN warns against fake contract, grant offers

The Central Bank of Nigeria has once again distanced itself from fraudulent…

Wilson Adekumola

CBN approves cash BTA for 2025 Hajj pilgrim

The Central Bank of Nigeria has approved the use of cash for…

Buna Juliet

Money supply hits N114.22tn in March despite CBN’s tightening measures

Nigeria’s broad money supply rose to N114.22tn in March 2025, defying the…

Alade Abayomi Adeleke

CBN gov, director face N220m contempt suit

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the…

Alade Abayomi Adeleke

Nigeria’s trade surplus hits $2.2bn – CBN

The Central Bank of Nigeria has revealed that Nigeria recorded a significant…

Wilson Adekumola

Nigeria needs resilient banks to hit $1trn economy – CBN

The Central Bank of Nigeria has reiterated the critical importance of building…

Alade Abayomi Adeleke