HomeTagsCBN

CBN

Oyo Public Schools Remain Shut as Teachers’ Strike Persists

KEY POINTS Public schools in Oyo State remain closed as the NUT strike, which...

N40m Projects Missing in Abia Communities

KEY POINTS TrackaNG says contractors received nearly N40 million for two federal projects in...

Business confidence in the macroeconomy rises to 7.9 index points, says CBN

Business confidence in Nigeria's macroeconomy rose to 7.9 index points in May from 3.9 in April, the CBN says, even as consumers remained pessimistic.

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.

CBN unveils Payment Systems Vision 2028 to drive growth and financial inclusion

CBN Governor Olayemi Cardoso has unveiled Payment Systems Vision 2028, a strategic roadmap to build a secure, inclusive and globally competitive payments ecosystem in Nigeria.

Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.

Tinubu says subsidy cabals want him dead

President Bola Tinubu says oil subsidy and exchange rate cabals want him dead, blaming the threat on the reforms he launched after taking office in 2023.

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...

CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...

SERAP Drags CBN to Court Over Alleged Missing ₦3 Trillion in Public Funds

KEY POINTS SERAP has sued the CBN, alleging it failed to account for about...

Latest articles

Oyo Public Schools Remain Shut as Teachers’ Strike Persists

KEY POINTS Public schools in Oyo State remain closed as the NUT strike, which...

N40m Projects Missing in Abia Communities

KEY POINTS TrackaNG says contractors received nearly N40 million for two federal projects in...

One Killed, Three Injured in Enugu-Ebonyi Boundary Clash

KEY POINTS One person was killed and three others injured during an attack linked...

Diezani Speaks After London Court Clears Her of Bribery Charges

KEY POINTS A London court acquitted former Petroleum Minister Diezani Alison-Madueke of all six...