A review of the Central Bank of Nigeria's financial statement for the year ended December 2024 has shown that the personnel cost incurred by the apex bank grew by N313billion. This growth occurred ...

The World Bank has projected that Nigeria’s inflation rate will average 22.1 per cent in 2025. The World Bank attributed the anticipated decline to the Central Bank of Nigeria’s tight monetary ...

A review of the latest financial statement of the Central Bank of Nigeria (which includes its subsidiaries) has revealed that the sum of ₦311billion is still owed under the Anchor Borrowers ...

The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...

The Central Bank of Nigeria has described as fake purported contracts and grant awards to Nigerians. The apex bank issued that disclaimer in a statement signed by its acting spokesperson ...

Nigeria’s economy needs to grow at a rate five times faster than its current pace to achieve the $1 trillion target by 2030, as well as address the country’s rising poverty levels, according ...

The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net Programme-Scale Up, raising the total amount released to $530m, The PUNCH reports. Checks by The ...

Protracted crises have been occurring in the Benue and Zamfara States houses of assembly, leading to the call for the ...

The Concerned Citizens Network for Democracy (CCND) has issued a 72-hour ultimatum to the Benue and Zamfara State Houses of ...

and Central Bank governor, Yemi Cardoso; along with state representatives, development partners, and economic stakeholders to reflect on Nigeria’s progress and challenges amid ongoing reforms ...

Governor of Central Bank of Nigeria, Yemi Cardoso as well as the Governor of Plateau State, Caleb Mutfgang and private sector leaders, the Lead Economist at World Bank Country Office, Dr Alex ...

The World Bank expects Nigeria's economy to grow 3.6% this year. Nigeria's foreign exchange reforms have created a market-reflective, unified and stable exchange rate, allowing the central bank to ...