The Central Bank of Nigeria has projected that the country’s foreign exchange reserves could rise to about $51 billion by…
Browsing: CBN
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) terminals across the country be geo-tagged…
Nigeria’s foreign exchange reserves have recorded a significant boost, gaining about $900 million within a three-day period, marking one of…
Governor of the Central Bank of Nigeria, Olayemi Michael Cardoso, has been named Central Bank Governor of the Year…
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 once again held the benchmark interest rate steady at 27.50%, signaling its continued…
The Central Bank of Nigeria has reported a significant drop in interest earnings from the Federal Government’s Ways and Means…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank…
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 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…