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The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Director-General of the World Trade Organisation (WTO), Dr. Ngozi...
ByBusinessTodayNGJuly 26, 2026BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...
ByBusinessTodayNGJuly 21, 2026BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...
ByBusinessTodayNGJuly 1, 2026BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have entered into a strategic partnership aimed at curbing...
ByBusinessTodayNGApril 20, 2026Nigeria’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...
ByBusinessTodayNGMarch 2, 2026BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved...
ByBusinessTodayNGFebruary 24, 2026BY NECHI NAECHE-ESEZOBOR—Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has welcomed the approval by the African Union (AU) granting Nigeria...
ByBusinessTodayNGFebruary 16, 2026