Central Bank of Nigeria

CBN affirms strength of banking sector, issues routine transitional guidance for select institutions

The Central Bank of Nigeria (CBN) affirmed via a Press Release, the strength of the Banking Sector, as well as, issued routine transitional guidance for select institutions. According to the…

HenrisCounty June 18, 2025

News

Emefiele: ‘Alleged ₦7.8bn Fraud – EFCC arraigns ex CBN Governor for unlawful possession of 753 housing units’

The Economic and Financial Crimes Commission (EFCC) made known, it arraigned former Governor of the Central Bank of Nigeria (CBN), Godwin Ifeanyi Emefiele, "on an eight-count charge bordering on criminal…

HenrisCounty June 16, 2025

Business

Nigeria’s Economy: Moody’s upgrade of Nigeria’s credit rating from Caa1 to B3, a positive signal to investors – President Tinubu

President Asiwaju Bola Ahmed Tinubu has received Moody's Investors Service's latest upgrade of Nigeria's long-term foreign-currency issuer rating from Caa1 to B3, with a Stable Outlook. The President said, Mood's…

HenrisCounty June 2, 2025

Business

Nigeria’s Economy: CBN Governor Cardoso, Wale Edun hold strategic talks with prospective investors to boost foreign investment in Nigeria

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, with prospective investors held strategic…

HenrisCounty April 24, 2025

News

Pascal Dozie Passes At 86: ‘A highly respected figure in Nigeria’s business world’ – Chioma Uzodimma

First Lady of Imo State , Chioma Uzodimma, alongside her husband, Governor of Imo State, Hope Uzodimma, visited the family of the late Chief Pascal Gabriel Dozie CON, to offer…

HenrisCounty April 14, 2025

Business

Nigeria’s Economy: ‘Nigeria’s external reserves climbed $6B to $40.19B by the end of 2024’ – CBN

Central Bank of Nigeria (CBN) reports, "Nigeria’s external reserves climbed $6B to $40.19B by the end of 2024". In its report, the Nigerian Apex Bank added, "net errors & omissions…

HenrisCounty April 9, 2025

Business

Nigeria’s Economy: CBN Press Release – ‘Nigeria posts $6.83 Billion balance of payments surplus in 2024, signalling economic resurgence’

Press Release Nigeria posts $6.83 Billion balance of payments surplus in 2024, signalling economic resurgence Nigeria’s BOP surplus in 2024 reflects the impact of wide-ranging macroeconomic reforms, stronger trade performance,…

HenrisCounty April 9, 2025

News

State House Press Statement – ‘President Tinubu to embark on working visit to Paris’

State House Press Statement President Tinubu to embark on working visit to Paris President Bola Ahmed Tinubu will depart for Paris, France, today on a short working visit. During the…

HenrisCounty April 2, 2025

Business

Tinubunomics: CBN forecasts Nigeria’s economy to grow by 4.17% in 2025

The Central Bank of Nigeria projects Nigeria's economy to grow by 4.17% in 2025. The Nigerian Apex Bank said, the country's economy grew by 3.96% in 2024, and expected to…

HenrisCounty April 1, 2025

Business

Tinubunomics: ‘Nigerian domestic economy expands by 3.84% in 4th quarter of 2024 to reach ₦22.61 trillion’

Nigeria's domestic economy recorded "significant growth expanding by 3.84% in 4th quarter of 2024 to reach N22.61 trillion." According to Sunday Dare, Special Adviser, Media & Public Communication/Spokesperson to President…

HenrisCounty April 1, 2025