News

The Central Bank of Nigeria, CBN, has reported that the country’s external reserves grew by 5.6 per cent (approximately $2.2 ...
The CBN posted a profit after tax of N38.8 billion, also a reversal from the N1.27 trillion loss it recorded a year earlier.
The Central Bank of Nigeria (CBN) has recorded a strong turnaround in its financial performance for 2024, posting a surplus ...
The Central Bank of Nigeria (CBN) recorded a historic N498.2 billion loss in 2024, driven primarily by a N9.4 trillion ...
The Central Bank of Nigeria (CBN) just released 2024 financial results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, ...
The Central Bank of Nigeria (CBN) incurred a total of N3 trillion in liquidity management in 2024, as part of its ongoing ...
The Central Bank of Nigeria (CBN) has released its financial performance for 2024, which was audited by KPMG Professional ...
The report noted that the London Bullion Market Association (LBMA) gold price averaged $2,386 per ounce in 2024, marking a 23% increase from 2023. In the fourth quarter alone, the average price rose ...
The Central Bank of Nigeria has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, April ...
The Federal High Court sitting in Abuja has declined to issue an interim injunction to restrain the Central Bank of Nigeria, ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
The global credit rating agency, Fitch Ratings, recently upgraded its credit rating for Nigeria to ‘B’. Fitch said that the ...