CBN - Central Bank Of Nigeria
CBN says 95% of bank debtors took loans from microfinance banks in 2024
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were gotten from microfinance banks.
Airtel, Bua Food, Other Stocks Worth Trillions of Naira in Nigeria
According to analysis, as of the start of 2025, Airtel Africa, BUA Foods, and eleven other companies have formally surpassed them to become the top trillionaires.
CBN updates currencies' exchange rates as naira appreciates against US dollar
The Central Bank of Nigeria has provided the latest exchange rates as the Naira appreciates against the United States Dollar in both official and unofficial markets.
CBN adjusts Customs exchange rates as naira closes week flatly in FX markets
The Central Bank of Nigeria (CBN) increased the Nigeria Customs exchange rates for cargo clearance from N1,436 per dollar to N1,546.221 due to naira's depreciation.
Palmpay, other mobile money operators forecast robust 2025 for fintech fcosystem in Nigeria
Palmpay and other mobile money operators in Nigeria have forecasted a robust year for the finetch industry as they build on the gains of the past year.
Nigerian bank announces date, time its debit, credit card will not work, suggests alternative
Customers received a letter from UBA informing them of the precise time the development will take place a scheduled maintenance will be carried out.
After losing 70% of its value, Naira finally becomes stable in official market
One year after a sharp drop against the dollar, the naira is currently going through an uncommon period of stability, and analysts believe this trend will continue.
Bankers speak on causes of cash scarcity, give solutions
Nigerian bankers have said that the nation's rising cash problem is caused by the Central Bank of Nigeria's incapacity to meet the cash demands of commercial banks.
“No longer valid”: CBN orders Fidelity, Access, other banks to stop important cheque booklets
Customers have received a crucial warning from the Nigerian banking industry on the 2019 expiration of check booklets produced under the NCS and the NICPAS.
CBN - Central Bank Of Nigeria
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