CBN

May 27, (THEWILL) — Cash held outside Nigeria’s banking system declined by N104.76 billion between February and April 2026, following the Central Bank of Nigeria’s decision to reduce interest rates at its first Monetary Policy Committee meeting of...

May 26 (THEWILL) — Nigeria’s private sector credit declined sharply by more than ₦14 trillion within two months, highlighting growing weaknesses in lending to productive sectors of the economy despite the Central Bank of Nigeria’s earlier monetary policy easing. Latest...

May 24, (THEWILL) — The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has unanimously voted to retain the Monetary Policy Rate (MPR) at 26.50 percent, choosing caution over monetary easing as inflation resumed its upward climb and economic...

May 20, (THEWILL) — The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 percent, reaffirming the apex bank’s cautious but confidence-driven approach towards sustaining macroeconomic stability, curbing...

May 19, (THEWILL) — The Central Bank of Nigeria (CBN) has announced a fresh ₦650 billion Nigerian Treasury Bills (NTBs) auction scheduled for Wednesday, May 20, 2026, as part of the Federal Government’s second-quarter domestic borrowing programme. The auction, disclosed...

May 18, (THEWILL) — Investment banking and research firm, Chapel Hill Denham, has raised concerns over the Central Bank of Nigeria’s (CBN) banking structure, saying the current framework places Nigerian lenders at a disadvantage, while giving foreign banks and...

May 18, (THEWILL) — The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to refrain from further interest rate hikes, warning that additional monetary tightening could slow economic recovery and deepen...

May 15, (THEWILL) — The Central Bank of Nigeria (CBN) recorded a massive N5.63 trillion in Open Market Operations (OMO) sales within two weeks, underscoring sustained investor appetite for high-yield fixed-income instruments amid aggressive liquidity tightening by the apex...

May 13, (THEWILL) — A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Professor Murtala Sabo Sagagi, has warned that uncontrolled fiscal spending, especially during politically sensitive periods, could undermine the country’s ongoing fight against inflation. Sagagi...

May 11, (THEWILL) — The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management in the non-interest financial services industry as part of efforts to sustain public confidence, financial stability,...