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Q1 2025: CBN Reveals Loan Defaulters are Large Nigerian Companies...details The Central Bank of Nigeria, CBN has revealed that large Nigerian companies that actually defaulted more on bank loans  in Q1 2025 ...read more…

This reports it says will indicate a Balance of Payments surplus of $6.83bn for 2024, marking a sharp turnaround from deficits in 2023 and 2022. Nigeria’s BOP surplus in 2024 reflects the impact of wide-ranging macroeconomic…

The Central Bank of Nigeria, CBN has refute the report on Naira notes making round the social media as lies from enemies of progress of the Nation. This content it said is NOT from the Central Bank of Nigeria so ignore.…

The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term…

The Central Bank of Nigeria, CBN has today round off its International Women's Day celebrations in Grand Style. This it reaffirms commitment to gender equality. CBN Governor, Olayemi Cardoso, says Nigeria’s banking…

The Central Bank of Nigeria proudly commemorates International Women's Day, honouring the remarkable strength, diverse talents, and significant achievements of women around the world. This celebration serves as a reminder of…

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, Ambassador of the Kingdom of Saudi Arabia to Nigeria, H.E. Faisal bin Ibrahim Alghamdi, and the Chief Executive Officer (CEO), Saudi Fund for Development, Sultan…

The Central Bank of Nigeria, CBN has today assured the public of Keystone bank’s stability following forfeiture order by the court. This was contained in a statement dated February 14,2025, disclosed to the public which is…

The federal government has taken over Keystone Bank following a ruling by the Lagos State Special Offences Court. The troubled bank announced the takeover in a statement on Tuesday. The trial judge, Justice Rahman…

...banks to begin implementation by March 1  According to the new policy, customers withdrawing from their bank’s ATMs (on-us transactions) will continue to enjoy free withdrawals. However, withdrawals at ATMs of…