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Medical Tourism Spending Drops By 52% Under Tinubu -Report

    Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical...

Subsidy removal stabilised economy attracted $8bn energy investments – Cardoso

  Olayemi Cardoso Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the removal of petrol subsidy and expenditure rationalisation have helped to...

CBN signs MoU with Bank of Angola on bilateral cooperation

CBN signs MoU with Bank of Angola on bilateral cooperation CBN Governor,Yemi Cardoso and the Governor of the Bank of Angola, Antonio Tiago Diaz signing the MoU...

Nigeria’s Economy On Steady Rebound, Records 6% Trade Surplus – Cardoso

    The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday disclosed that Nigeria’s trade surplus has risen to six per cent of the...

CBN Promises To Provide Clean Currency Notes

CBN Promises To Provide Clean Currency Notes   The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes...

14 Banks Have Met CBN’s New Capital Requirement – Cardoso

  Cardoso,CBN Governor Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday, said 14 banks have so far met the new regulatory capital requirements...

FX Reserves Hit $42bn, Highest In Six Years

FX Reserves Hit $42bn, Highest In Six Years   Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first...

Ongoing reforms ‘ll refocus financial stability, stimulate productivity- CBN

Yemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN) says it is pursuing economic reforms aimed at refocusing financial system stability and stimulating...

Cardoso reaffirms commitment to macroeconomic stability, stronger banking sector

Cardoso The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated the apex bank’s commitment to macroeconomic stability, fortifying the...

Forex: How CBN uncovered irregularities in undelivered FX forward contracts, cancels invalid deals

    The Central Bank of Nigeria CBN headquarters     The Central Bank of Nigeria (CBN) has revealed extensive irregularities in several undelivered...