Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank…
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Nigeria’s foreign reserves have reached a level that could finance up to 10 months of the nation’s import bill, according…
The Central Bank of Nigeria (CBN) has announced a reduction in interest rates, a move it says is intended to…
Nigerian banks are bracing for fresh challenges as the Central Bank of Nigeria (CBN) rolled out new liquidity requirements that…
The Central Bank of Nigeria (CBN) has raised fresh concerns over the growing abuse of the naira, warning that the…
TAJBank Limited, one of Nigeria’s leading non-interest financial institutions, has confirmed that it has successfully met the new capital requirement…
The Central Bank of Nigeria has intensified efforts to attract global investors by rolling out a series of far-reaching reforms…
The Central Bank of Nigeria has generated N192 million from penalties imposed on 82 Bureau de Change operators over regulatory…
The Central Bank of Nigeria has directed all banks and financial institutions to implement enhanced security measures for foreign card…
Commercial banks in Nigeria are undertaking significant measures to bolster their capital base in response to the Central Bank of…
The Central Bank of Nigeria has directed all Point-of-Sale terminal providers to connect their operating systems to the Nigeria Inter-Bank…
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,…