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Money
Court Ruling Won’t Affect Union Bank Operations, Says CBN
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), has said the recent court ruling will not affect the operations or financial stability of...
Nigeria’s Inflation Eases Slightly to 15.06% in February – NBS
BY NKECHI NAECHE—The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation eased slightly from 15.10% in January 2026 to 15.06%...
Tinubu Swears In Taiwo Oyedele as Minister of State for Finance
President Bola Tinubu on Monday swore in Mr Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as...
President Tinubu nominates Lamido Abubakar Yuguda as CBN Deputy Governor
President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria, subject to...
CBN Boosts Reserves with $3.5bn LBMA-Standard Gold Acquisition
BY NKECHI NAECHE -ESEZOBOR—The Central Bank of Nigeria (CBN) has strengthened its foreign reserves with the acquisition of $3.5 billion worth of gold...
Nigeria’s Net Foreign Reserves Surge to $34.8billion – CBN
Nigeria’s net foreign reserves surged to $34.8 billion at the end of 2025, marking a substantial improvement in the country’s external buffers, the...
AltBank Joins IIFM to Align Nigeria’s Non-Interest Banking with Global Standards
The Alternative Bank (AltBank) has joined the International Islamic Financial Market (IIFM), a global standard-setter for Islamic finance documentation and market guidance. This...
Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector...
