Central Bank of Nigeria

The Central Bank is a cornerstone institution in any country tasked with the critical role of implementing monetary policy, maintaining financial stability and ensuring the integrity of the financial system. It is the primary institution responsible for controlling the...

SAM DIALA shows how the audacious stance of brave domestic investors lifted Nigeria’s equities market to a 15-year high after foreign investors fled in 2020. Nigeria’s equities market recorded an outstanding performance in the first half of the year (H1-2023),...

June 29, (THEWILL) - President Bola Tinubu on Thursday, in Ijebu-Ode, Ogun State, said he remained hopeful and optimistic about achieving victory in the last presidential election, despite the ineffective cashless policy implemented by the Central Bank of Nigeria...

June 25, (THEWILL) - The Debt Management Office (DMO) said the total public debt stock of Nigeria (comprising the external and domestic debts of the Federal Government, the 36 states and the Federal Capital Territory), hit N49.95 trillion as...

Now that the Naira has been floated by the Central Bank of Nigeria in response to the directive by Mr President in his inaugural address, we wish that our experience this time around will be different and that we...

The Development Bank of Nigeria (DBN) has unveiled strategies to step up its support for the micro, small and medium enterprises (MSMEs) to navigate the current troubled economy, triggered by the recent fuel and electricity subsidies removal, naira...

June 20, (THEWILL) - The suspended governor of Central Bank of Nigeria (CBN), Godwin Emefiele, will on July 13, know his fate, over his detention in the custody of the Directorate of State Services (DSS). THEWILL recalls that President Bola...

If we were under any circumstances to say that we did not expect the suspension of Mr Godwin Emefiele as Central Bank Governor, we would appear very naïve. We all did expect it – though in the present circumstances,...

June 18, (THEWILL) - The Central Bank of Nigeria (CBN), has lifted the cash deposit restrictions placed on domiciliary accounts. According to the apex bank, holders of such account are permitted to utilise cash deposits not exceeding $10,000 per...

The Central Bank of Nigeria on Friday said that the 43 items restricted from accessing Foreign Exchange from the official window remain banned from the Investors and Exporters (I&E) window. This means the restriction of foreign exchange allocation for the...