The Central Bank of Nigeria has directed all Point-of-Sale terminal providers to connect their operating systems to the Nigeria Inter-Bank…
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The House of Representatives has begun moves to introduce new regulatory measures that will strengthen legislative oversight of the Central…
At least 82 Bureau De Change operators have successfully met the Central Bank of Nigeria’s newly introduced regulatory guidelines, marking…
The Central Bank of Nigeria (CBN) has increased interest rates on Treasury Bills (T-Bills) to levels above the current inflation…
The Central Bank of Nigeria (CBN) has mandated all deposit money banks to ensure that customers who fall victim to…
The Central Bank of Nigeria has given formal approval for the appointment of Aigboje “Abiagam” Aig-Imoukhuede as the new Chief…
Nigeria has witnessed a significant rise in currency circulating outside the banking system, as cash held by individuals and businesses…
The Central Bank of Nigeria has confirmed that a total of 27 banks have successfully mobilised fresh capital as part…
The Central Bank of Nigeria has disclosed that commercial banks extended a total of N74.41 trillion in credit to the…
The Central Bank of Nigeria (CBN) has stated that the Nigerian economy is beginning to show clearer signs of improvement,…
The Central Bank of Nigeria (CBN) has stated that its recent monetary reforms are beginning to yield positive outcomes, citing…
The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank unlicensed to operate, warning the public to avoid…
Nigeria is witnessing a surge in foreign exchange inflows as renewed investor confidence strengthens the country’s financial markets. The inflows,…
Nigeria’s foreign exchange reserves have climbed to $46.7bn, the highest level recorded in seven years, signalling renewed confidence in the…
Nigeria’s business environment is being severely hampered by chronic power shortages and escalating insecurity, according to the latest Business Expectations…
The Central Bank of Nigeria (CBN) has reaffirmed that the ongoing banking sector recapitalisation is vital to achieving President Bola…
Nigeria’s foreign exchange market has witnessed a steady improvement in liquidity and inflows, driven largely by the Central Bank of…
Calls have intensified for the Central Bank of Nigeria (CBN) to introduce higher denominations — specifically N10,000 and N20,000 single…
The Central Bank of Nigeria (CBN) has injected $1.25 billion into the economy to support fuel imports and other critical…
The Central Bank of Nigeria (CBN) has commended the nation’s successful removal from the Financial Action Task Force (FATF) grey…