The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
CBN
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Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
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BankingConsumer ProtectionEconomyFinanceGovernanceNational AssemblyRegulation
Reps to Probe Arbitrary Bank Charges as Nigerians Decry Unexplained Deductions
The House of Representatives has resolved to investigate what it described as the arbitrary, excessive, and unexplained charges imposed on customers by commercial banks across Nigeria. The lawmakers made this …
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Arts & CultureBankingEconomyGOVERNMENTInfrastructureTravel & Tourism
CBN, Bankers’ Committee Reopen Renovated National Theatre
Nigeria on Wednesday, October 1, 2025, officially reopened the newly renovated National Arts Theatre in Iganmu, Lagos, now renamed the Wole Soyinka Centre for Culture & Creative Arts, after a …
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BusinessCentral BankingEconomyFinanceInflationMonetary PolicyNigeria
CBN Cuts Benchmark Rate to 27% in First Policy Shift Since 2020 Pandemic
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has, for the first time since the Covid-19 pandemic in 2020, reduced the benchmark interest rate, signalling a cautious …
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Digital EconomyEconomyFintechForeign AffairsGovernanceInfrastructureINVESTMENTSocial Development
Who really Owns Nigeria’s Digital Economy – The People or the Platforms?
The air in Lagos is thick with the buzz of digital activity. From the mama put accepting transfers via a fintech QR code to the dispatch rider navigating traffic with …
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BankingEconomyFinanceGovernanceMonetary PolicySMEs
CPPE Urges CBN to Ease Monetary Policies to Support SMEs
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a more balanced policy direction that will make credit more affordable …
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CBNEconomyForeign ExchangeNigeriaRemittances
Nigeria’s Diaspora Remittances Hit $600 Million Monthly, CBN Governor Says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …
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BankingBusinessEconomyFinanceForex TradingOil & Gas
Naira Gains Slightly as Nigeria’s External Reserves Hit $41 Billion High
The Nigerian naira recorded a slight appreciation against the United States dollar on Thursday at the official foreign exchange market, as the country’s external reserves rose to a four-year high …
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CurrencyDebt Management,EconomyFinancePoliciesPublic Safety
Naira Shines in Security but Needs Respect, CBN Advises Nigerians
The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
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BusinessFinance & ServicesFintechInnovationTechnology
Compliance Pressure on Fintechs Rising as Nigerian Startups Turn to RegTech and AI Solutions
Kayode Opeyemi, a former consultant with KPMG and now a respected expert in financial technology and risk management, has shared deep insights into how Nigerian startups are dealing with compliance …