The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced the launch of two transformative initiatives,…
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The Central Bank of Nigeria (CBN) has imposed fines totaling ₦1.35 billion on nine Deposit Money Banks (DMBs) for failing…
Nigeria’s Federal Government spent a staggering N8.94 trillion on debt servicing in the first nine months of 2024, accounting for…
Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of 2024 (10m’24).
The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million.
The Central Bank of Nigeria’s (CBN) has increased its scrutiny of fintech startups by fining two of the country’s most…
The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on December 2 (today). Acting…
The Central Bank of Nigeria (CBN) has set a December 1 deadline for bank customers to report any issues with cash withdrawals from bank branches or ATMs.
The Central Bank of Nigeria (CBN) has established a minimum trade value of $100,000 for interbank foreign exchange (FX) trading conducted through the Electronic Foreign Exchange Matching System (EFEMS).
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiorah, testified on Thursday that the CBN board never recommended the 2022 Naira redesign to former President Muhammadu Buhari.