June 2025 PMI: CBN warns of inflation as input costs outpace output prices
The Central Bank of Nigeria (CBN) has raised concerns that the continued rise in input costs across major sectors may ...
Tag: CBN
CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria
The Central Bank of Nigeria (CBN) has dispelled recent rumours circulating on social media about the introduction of new or ...
Court upholds CBN-backed NIBSS Authority to manage BVN Database nationwide
The Federal High Court in Abuja on Friday affirmed the legality of the Nigeria Inter-Bank Settlement System Plc’s (NIBSS) management ...
Credit to Private sector slips marginally to N77.83 trillion in May 2025 despite surging money supply
Nigeria’s private sector credit declined marginally to N77.83 trillion in May 2025, down from N77.91 trillion in April, as the Central Bank ...
Nigeria’s FDI drops by 19% to $250 million in Q1 2025 – CBN
Foreign direct investment (FDI) inflows into Nigeria declined by 19% to $250 million in Q1 2025, compared to $310 million ...
Focus on ‘African-led, African-owned’ growth, digital transformation – Cardoso tells African leaders at Afreximbank AGM
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a bold new vision of economic ...
Exchange rate disparity returns as Naira appreciates to N1,545/$ officially, depreciates to N1,605/$ on parallel market
The exchange rate closed the week with a mixed performance, as the naira recorded a slight appreciation in the official ...
Banking sector sell-offs present buying opportunity — Nairametrics CEO, Ugodre Obi-Chukwu
The recent dip in banking stocks triggered by the Central Bank of Nigeria’s (CBN) new forbearance policy may be more ...
Agusto & Co upgrades Wema Bank rating to A- amid stronger financial performance
Pan-African credit rating agency Agusto & Co has upgraded Wema Bank’s credit rating from BBB+ to A-, citing improved profitability, ...
CBN says forbearance-affected banks under close supervision
The Central Bank of Nigeria (CBN) has confirmed that banks currently affected by forbearance measures are under close supervision.
