CBN reaffirms commitment to inflation-targeting monetary policy
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to deepening engagement with the academic and research community as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime.
CBN unveils new industry-wide war on e-fraud
The Central Bank of Nigeria (CBN) has unveiled an industry-wide offensive against rising digital fraud, with the aim of reducing fraud response time to under 30 minutes
Recapitalisation: CBN will ensure stronger banks drive credit growth toward $1trn economy – Abdullahi
The Central Bank of Nigeria (CBN), Thursday assured that the ongoing banking sector recapitalisation will translate into increased credit flow to the real sector, a critical step toward achieving the country’s $1 trillion economic growth target.
CBN forecasts petrol price at N950 per litre in 2026
By Udeme Akpan The Central Bank of Nigeria, CBN, said the price of Premium Motor Spirit, PMS, also known as petrol could rise to about N950 per litre in 2026. The Dangote Petroleum Refinery currently puts its gantry price at N699 per litre while the retail price at MRS Oil, authorized distributor stood at N739 per litre. […]
NCC, CBN set to roll out refund framework for failed airtime, data transactions
The Nigerian Communications Commission, NCC, and the Central Bank of Nigeria, CBN, have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors.
CBN projects 4.49% economic growth, $51bn external reserves for 2026
The Central Bank of Nigeria, CBN, has projected a stronger macroeconomic outlook for the country in 2026, forecasting a 4.49 per cent growth in Gross Domestic Product, GDP, a moderation in inflation to about 12.4 per cent, and a rise in external reserves to $51.04 billion, amid sustained reforms, improved oil sector performance and easing monetary conditions.
