A new report has highlighted how the structure of Nigeria’s banking system is stifling savings, wealth creation, and economic ...

Credit default rates surged in Q4 2024 as corporate lending and unsecured loans increased, CBN report reveals.

Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...

Counterfactual estimates suggest that without these decisive policy interventions, inflation could have reached 42.81 percent ...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the apex bank’s “decisive policy interventions” ...

MPC members express deep concern over excessive government spending, warning it undermines monetary policy efforts ...

The CBN outlined the factors contributing to corporate ... lending rates to households relative to Monetary Policy Rate (MPR) widened. “For corporate lending, all lending type spreads on loan ...

The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in ...

Diaspora remittances, monies sent by citizens abroad via International Money Transfer Operators (IMTOs), rose astronomically ...