Browsing Tag
CBN
91 posts
CBN hosts stakeholder fair in Gombe to boost financial access and economic development
The Central Bank of Nigeria held a stakeholder fair in Gombe to promote financial inclusion and discuss how digital payment systems can stimulate economic growth.
Nigerian Naira Exchange Rates: August 4, 2026
The naira traded near ₦1,368 at the official exchange on August 4, 2026, while parallel market rates climbed above ₦1,400.
Senate Probe Into NEITI Audit Reports Stalled by Agency No-Shows
A Senate public hearing investigating NEITI audit reports was delayed on Monday following the unexplained absence of the CBN, NDDC, and NUPRC.
Senate Probe Stalled After Agencies Skip NEITI Audit Hearing
A Senate committee investigation into NEITI audit reports hit a roadblock on Monday after the CBN, NDDC, and NUPRC failed to show up for a scheduled hearing.
Naira Maintains Stability Against Dollar on August 3, 2026
The Nigerian naira remained stable against the dollar on August 3, 2026, with the official rate at ₦1,368 and the parallel market selling rate at ₦1,425.
Emir Sanusi Credits CBN Reforms for Economic Growth Outpacing Population
Emir Muhammadu Sanusi II claims Nigeria's economy is finally outpacing population growth due to the Central Bank's successful stabilization efforts.
ATM Transaction Values Surge by 208% to Reach N89 Trillion
Data from the Central Bank of Nigeria shows that ATM transaction values reached N89.12 trillion in 2025, a 208 percent increase driven by infrastructure growth and changing consumer preferences.
ATM Transaction Values Surge by 208 Percent to N89 Trillion
ATM transactions saw a massive 208 percent jump to N89 trillion in 2025, driven by improved infrastructure and digital adoption, according to the Central Bank of Nigeria.
Nigeria’s Oil Export Revenue Drops to $31.54 Billion in 2025
A new CBN report shows that Nigeria's crude oil export earnings dropped by over 14 percent in 2025 due to global market supply issues, with Europe remaining the largest buyer.
US Dollar to Nigerian Naira Exchange Update: July 30, 2026
On July 30, 2026, the US Dollar traded at approximately 1,358.63 Naira in the official market, while the parallel market rate settled near 1,400.00 Naira, reflecting ongoing stability in Nigeria's forex sector.