Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation. Reforms instituted by President Bola Tinubu in 2023,
Nigeria’s economy to expand by 4.17%, inflation to ease in 2025 — CBN Gov, Cardoso
The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to grow by 4.17 percent and
Central Bank Of Nigeria Predicts 4.17% Economic Growth In 2025
The Central Bank of Nigeria (CBN) has projected that the country’s economy will grow by 4.17% in 2025, showing signs of faster progress.
Nigeria: Ignore Faked Images of Attack On Nigeria's Central Bank
IN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images were generated using social media platform X's artificial intelligence tool, Grok. Several Facebook posts claim that the Central Bank of Nigeria, or CBN, has been attacked.
CBN reveals Nigeria's expected economic growth in 2025
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the economy is expected to grow by 4.17% instead
CBN predicts 4.17% GDP growth in 2025
THE Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected to accelerate to 4.17 percent for faster economic growth.According to the News Agency of Nigeria (NAN),
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BREAKING: Nigeria’s FX reserves fall by $832.62 million in two weeks, biggest drop since April 2024
Nigeria’s foreign exchange reserves declined significantly in two weeks this January 2025, falling by $832.62 million between January 6 and ...
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‘N100k daily, N500k weekly’ — banks begin implementation of PoS withdrawal limit
Union Bank has commenced the implementation of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation ...
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Nigeria’s Foreign Reserves Plummet by $832 Million in January
Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency stability.
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Financial Reporting Council of Nigeria’s position on IAS 29 – Financial Reporting in Hyperinflationary Economies
The Financial Reporting Council of Nigeria (“FRC” or “the Council”) is a Federal Government regulatory agency established by the Financial ...
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CBN approves release of FX Code to promote ethical conduct in Nigeria’s foreign exchange market
The Central Bank of Nigeria (CBN) has officially approved the release of the Nigerian Foreign Exchange (FX) Code, a move ...
Okay Nigeria23h
CBN to Launch FX Code, Emphasising Ethical Conduct in Nigeria’s Foreign Exchange Market
The CBN launches the Nigerian FX Code promoting ethical conduct among authorized dealers to enhance market integrity and ...
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Banks begin implementation of PoS withdrawal limit with N100k daily, N500k weekly
There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.
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CBN reveals where 95% of bank debtors took loans from in 2024
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were ...