Central Bank of Nigeria policy, foreign exchange, banking and monetary developments.
8 published storiesNew stories are filed to this hub by the Verita newsroom.
Nigeria's benchmark interest rate has fallen from 26.5% to 23%, but borrowers should not expect every bank to reduce loan charges immediately. Here is what the CBN's latest...
By Oluwagbogo Dada
Nigeria recorded a $7.54 billion current account surplus in the second quarter of 2026, driven by stronger crude oil, gas, refined petroleum and non-oil exports.
By Oluwagbogo Dada
INEC has distributed sensitive electoral materials ahead of Saturday’s Gombe/Kwami/Funakaye Federal Constituency by-election, with over 495,000 voters expected to participate.
By Emmanuel Oguntuyi
A viral screenshot attributed a pledge to “sell the CBN” to Atiku Abubakar. Verita found no credible report or public record supporting the quotation.
By Oluwagbogo Dada
The Central Bank of Nigeria absorbed about ₦2.5 trillion from the financial system after demand for its latest Open Market Operations bills reached approximately ₦3 trillion.
By Oluwagbogo Dada
NITDA Director-General Kashifu Inuwa says Nigeria’s banking regulation must evolve as financial services become embedded in everyday digital platforms.
By Oluwagbogo Dada
The Central Bank of Nigeria has announced the immediate removal of foreign exchange transaction restrictions on access to its Discount Window.
By Oluwagbogo Dada
Dangote Refinery has switched to pricing petrol, diesel and aviation fuel in US dollars. An economic analyst explains the move as risk management, while warning that Nigerians...
By Oluwagbogo Dada
