Nigeria’s Foreign Reserves Hit $50.11bn, Highest In 17 Years

Nigeria’s foreign reserves have climbed to $50.11 billion, marking the highest level recorded in more than…

Federal Government Begins Disbursing Outstanding 2025 BEA Scholarship Allowances

  The Federal Government has commenced the disbursement of outstanding 2025 allowances owed to beneficiaries of…

FG Begins Payment Of Outstanding 2025 Allowances To BEA Scholars Abroad

The Federal Government has begun paying approved outstanding allowances for 2025 to Nigerian students benefiting from…

CBN Keeps Interest Rate At 26.5%

The Monetary Policy Committee of the Central Bank of Nigeria has decided to maintain the country’s…

CBN Launches Revised Forex Manual To Enhance Transparency, Liquidity

The Central Bank of Nigeria (CBN) on Friday officially unveiled the fourth edition of its Foreign…

Senate Confirms Yuguda As CBN Deputy Governor

The Senate on Wednesday, April 29, 2026, confirmed the appointment of Lamido Yuguda as Deputy Governor…

CBN Reforms Averted Economic Crisis, Drive Stability -Emen Usoro 

The Deputy Governor, Corporate Services, Central Bank of Nigeria, Emem Usoro, has commended the ongoing reforms…

FTSE Russell Upgrades Nigeria To Frontier Market After Three-Year Exclusion

Nigeria will be upgraded from “unclassified” to “frontier market” status by FTSE Russell, effective at the…

CBN Says 33 Banks Meet New Capital Requirements After Recapitalisation Drive

The Central Bank of Nigeria (CBN) has announced that 33 out of 38 banks in the…

Tinubu Clears Lamido Yuguda For CBN Deputy Governor Role

President Bola Ahmed Tinubu has approved the nomination of Lamido Abubakar Yuguda as a Deputy Governor…