CBN

CBN Announces Date for 300th MPC Meeting

May 14, (THEWILL) – The Central Bank of Nigeria (CBN) has announced that its 300th Monetary Policy Committee (MPC) meeting will hold on Monday, May 19, and Tuesday, May 20, 2025. This was disclosed in a statement titled “Notice...

Fraud Alert: We Haven’t Appointed Agents to Award Contracts, Disburse Funds — CBN

May 12, (THEWILL) – The Central Bank of Nigeria (CBN) has disclaimed any association with individuals, groups, or organisations claiming to act on its behalf to offer contracts, financial grants, or intervention funds to members of the public. CBN’s Acting...

CBN Reports Strong Financial Performance in 2024

May 04, (THEWILL) – The Central Bank of Nigeria (CBN) has released its 2024 financial statements. The results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, highlighting improvements in external reserves, asset quality, cost...

CBN Deputy Governor, Emem Usoro, Loses Mother

April 30, (THEWILL) – Emem Usoro, Deputy Governor of the Central Bank of Nigeria (CBN) has lost her mother, Mrs. Eno Nnana Usoro, who passed away peacefully in Abuja. She was 78. Born on June 30, 1946, Mrs. Usoro’s death...

CBN Announces New Guidelines On Pan African Payments Operation, Settlement System In Nigeria

April 28, (THEWILL) – The Central Bank of Nigeria (CBN) has announced a significant review of the documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. A statement by CBN Acting Director, Corporate Communications,...

CBN Leads Financial Dialogue With JP Morgan, NGX, Others In New York As Cardoso Reaffirms Commitment To Credibility, Transparency

April 20, (THEWILL) – The Central Bank of Nigeria (CBN), in collaboration with J.P. Morgan, the Nigerian Exchange Group (NGX) and Africa Private Capital Association (AVCA), on Thursday, April 17, 2025, hosted a high-profile global forum at Nasdaq MarketSite...

Bank Recapitalisation Will Build Nigeria’s $1trn Economy — CBN

April 15, (THEWILL) – The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Emem Usoro, has said the bank recapitalisation exercise being implemented by the apex bank is a critical step towards achieving Nigeria’s ambition of building a...

BIPC Would Take Advantage Of Idle Funds At CBN For Housing Development – MD

April 11, (THEWILL) – Benue Investment and Property Company Limited (BIPC) has expressed its readiness to take advantage of idle funds at the Central Bank of Nigeria for housing development in the state. This is just as it is planning...

Nigeria Records $6.83bn Balance Of Payments Surplus In 2024 As Net Financial Assets Hit $12.12bn – CBN

April 09, (THEWILL) – The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in 2023 and $3.32...

CBN Boosts FX Market With $197.71m

April 05, (THEWILL) – The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market. A statement signed by Omolara Omotunde Duke, Director, Financial Markets Department, said the measure...
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OPINION: Beyond The Economist Condescension: Nigeria’s Re-Engineering Under Tinubu is Unstoppable

To evaluate President Bola Tinubu's stewardship fairly, one must first confront the catastrophic baseline from which this administration began exercising its mandate.
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