CBN

Seeking to tame rising prices, CBN raises interest rate again

The Central Bank of Nigeria has raised its key interest rate to the highest...

Scorecard is out: CBN’s naira redesign weakened Nigerian economy

The Central Bank of Nigeria-induced naira crunch between January and March weighed down on...

CBN to pay raw material exporters for bringing back dollars

Nigeria is expanding its incentives to new sectors to boost exports and dollar inflow...

Buhari gets Senate help on illegal N23.7 trillion CBN loan

The Senate has approved President Muhammadu Buhari’s request to restructure a N23.7 trillion ($49...

CBN says it has ‘good quantity’ of scarce new naira notes

The Central Bank of Nigeria says it has continued to take delivery of redesigned...

CBN fuelling the same inflation it is fighting

The Central Bank of Nigeria’s financing of the federal government’s budget deficit and record...

CBN to hold dormant account funds lawmakers put at over N1.3 trillion

The Central Bank of Nigeria (CBN) has proposed a new regulation that would allow...

CBN ends disruptive naira policy, begins release of notes

Nigeria's central bank has finally ended its policy of seizing higher bank notes months...

CBN made critical mistakes that doomed naira redesign

Nigeria has successfully introduced new banknotes on about 10 occasions since independence in 1960. So why...

Naira scarcity: No big relief for Nigerians after CBN meeting

The Central Bank of Nigeria signalled Tuesday its decision to take cash out of...