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Nigeria’s external reserves hit $55.25bn as CBN cuts interest rate to 23%

Nigeria’s foreign exchange reserves have risen to $55.25 billion as of September 18, 2026, while the Central Bank of Nigeria (CBN) has cut...

Economy

CBN Governor Cardoso Receives Global ‘Central Bank of the Year’ Award in London, Dedicates Honour to Nigeria

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has formally received the prestigious 2026 Central Bank of the Year...

News

CBN Confirms Nigerian Banks Are Safe and Sound as Recapitalisation Progresses

Nigerian banks are being recognised for their resilience and stability, with the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) affirming that...

Economy

NICN Fines CBN ₦620,000 for Delaying Hearing in Suits Filed by 62 Disengaged Staff

The National Industrial Court of Nigeria (NICN) has imposed a fine of ₦620,000 on the Central Bank of Nigeria (CBN) for delaying proceedings...

Economy

Nigeria’s Forex Reserves Climb to $40.16bn Amid Economic Reform Drive

Nigeria’s foreign exchange reserves soared from $37.195 billion on July 1, 2025, to $40.159 billion by August 7, according to data released today...

PRESIDENT BOLA AHMED TINUBU
News

FG Affirms FCT Remains in Abuja Amidst Baseless Rumors of Relocation to Lagos

The special Adviser to President Bola Tinubu, on Information and Strategy, Bayo Onanuga, has categorically denied the unfounded rumor circulating on social media...