Tag: CBN

Consumer Credit Surge: Nigerians Borrowing Hits N4.42 Trillion

In a notable economic shift, Nigeria's consumer credit outstanding surged by a…

Genesis Obong

ICYMI: Dormant Accounts Surge, Millions in Limbo Amid CBN Scrutiny

A staggering 19.69 million bank accounts in Nigeria now lie dormant, a…

Genesis Obong

Money Supply Soars to N110.98 Trillion, Raising Inflation Concerns

The latest figures from Nigeria paint a concerning picture. The nation's broad…

Genesis Obong

Nigeria Economy on Upward Swing: Inflation Down, Optimism High

The Nigerian economy appears to be charting a course toward recovery, with…

Genesis Obong

US Tariffs Threaten Global Inflation, Nigeria at Risk, Warns CBN Governor

The ripple effects of increased tariffs imposed by the United States are…

Genesis Obong

CBN Retains Interest Rate at 27.50% as Inflation Declines

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)…

Muhammad A. Aliyu

CBN Begins Profiling LGA Officials for Account Opening, Amidst Autonomy Hurdles

The Central Bank of Nigeria (CBN) has commenced the profiling of chairmen…

Genesis Obong

CBN Digital Finance Inclusion, Cardoso Economic Policy, Nigeria Recapitalization

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the bank's…

Genesis Obong