What Is Stopping Nigeria From Printing Its Own Currency?
Nigeria has a national mint, but foreign firms received 65% of its 2025 banknote orders. Capacity limits, imported inputs and delivery problems explain the gap.
Tag: central bank of nigeria
Nigeria’s Money Supply Hits ₦133.25tn, Raising New Questions for Businesses
Nigeria’s broad money supply rose to ₦133.25 trillion in June 2026, increasing by ₦4.04 trillion in one month despite the Central Bank […]
What Central Bank of Nigeria’s Latest Policy on Loan-Deposit Ratio Means for Entrepreneurs
The Central Bank of Nigeria has followed up its earlier decision to increase the Cash Reserve Ratio for Nigeria’s deposit money banks […]
How Aisha Ahmad Conquered Corporate Banking before Moving to the CBN
On 23rd March, 2018, Aisha Ndanusa Ahmad was appointed Deputy Governor at the Central Bank of Nigeria (CBN) in charge of the Financial System Stability Directorate. She replaced Sarah Alade, who retired in March 2017.
Nigeria Gets 5 New Commercial Banks
The Central Bank of Nigeria (CBN) has approved five new commercial banks, a banking source have confirmed. The apex bank’s move is […]