The Central Bank of Nigeria’s (CBN) recently introduced Non-Resident Bank Verification Number (BVN) policy is being tipped by financial experts…
Browsing: CBN
The Central Bank of Nigeria (CBN) has indicated that it may take legal action against parties found to have violated…
The Central Bank of Nigeria (CBN) has reiterated its commitment to building a robust and resilient banking sector as the…
Banks’ deposits with the Central Bank of Nigeria (CBN) have skyrocketed by 783 percent year-on-year, rising to a record ₦79.8…
KPMG Nigeria has called on financial institutions across the country to accelerate their readiness for open banking, warning that the…
Nigeria’s recent decision by the Central Bank’s Monetary Policy Committee (MPC) to raise the benchmark interest rate has thrust currency…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening economic ties between Nigeria and Saudi Arabia, aiming…
The Central Bank of Nigeria (CBN) has maintained the N100 fee on ATM withdrawals below N20,000, a decision that has…
The Central Bank of Nigeria (CBN) has reported a decline in the country’s money supply, which fell to N110.3 trillion…
Nigeria’s Monetary Policy Committee (MPC) has chosen to retain the benchmark interest rate at 27.5%, a decision that has elicited…
In its first monetary policy meeting of the year, the Central Bank of Nigeria (CBN) has decided to retain the…
Businesses across Nigeria are expressing optimism that the upcoming Monetary Policy Committee (MPC) meeting, scheduled for today, will bring about…
The Lagos Chamber of Commerce and Industry (LCCI) has offered a cautiously optimistic projection that Nigeria’s inflation rate will continue…
The Nigerian Exchange (NGX) recorded a robust capital appreciation of ₦833 billion this week, largely driven by a significant rally in…
Nigeria’s Monetary Policy Committee (MPC) finds itself at a critical crossroads this month as it deliberates the next interest rate…
Nigeria’s inflation rate has recorded a third consecutive month of decline, easing to 22.22% in June, offering a glimpse of…
As the Central Bank of Nigeria’s (CBN) deadline for capital restoration quietly lapses, financial analysts and banking insiders are warning…
The Central Bank of Nigeria (CBN) has disclosed that a staggering ₦923.16 billion in cash was withdrawn from the banking…
Bureau de Change (BDC) operators in Northern Nigeria have expressed deep concern over the Central Bank of Nigeria’s (CBN) recent…
The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against the former Governor of the Central Bank of…