Tag: CBN

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have advised financial institutions to strengthen ...

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have drawn up a framework to address consumer ...

  As part of efforts to enhance consumer protection and financial inclusion, the Central Bank of Nigeria (CBN), in partnership ...

  A statement issued in Abuja on Monday by Hakama Sidi-Ali, CBN’s acting director, corporate communications department, stated that the ...

  The National Industrial Court of Nigeria (NICN), on Thursday, awarded a fine against the Central Bank of Nigeria (CBN) ...

The stock market bounced back by 0.10 per cent on Tuesday, posting a gain of N94 billion for investors. This ...

  The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN) has retained the country’s headline lending rate ...

Kemi Awodein, president of the Association of Issuing Houses of Nigeria, says the Central Bank of Nigeria’s aggressive interest rate ...

  The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar. Data ...

The House of Representatives has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to explain claims ...

    The Federal Competition and Consumer Protection Commission (FCCPC) has welcomed the Central Bank of Nigeria’s (CBN) draft guidelines ...

By Abasi Ita CALABAR The Central Bank of Nigeria (CBN) has reaffirmed that alternative payment systems remain a crucial lifeline ...

The Central Bank of Nigeria (CBN) has introduced new regulations capping daily cash-out transactions for Point of Sale (PoS) agents ...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the bank’s reforms are aimed at stabilising the economy, restoring ...

The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says 14 Nigerian banks have fully met the new ...

Uganda's leader, who has been in power since 1986, was confirmed on Tuesday as a candidate in January's presidential vote ...

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, from 27.5 percent ...

The Central Bank of Nigeria said it’s pursuing economic reforms aimed at refocusing financial system stability and stimulating productivity. The ...

Wema Bank Plc has completed its N150 billion Rights Issue, securing approvals from the Central Bank of Nigeria (CBN) and ...

The Central Bank of Nigeria said it’s targeting a diaspora reserve of one billion dollars by 2026. The Governor of ...

Guaranty Trust Holding Company Plc has injected N365.9bn into its banking subsidiary, Guaranty Trust Bank Limited, to meet the new ...

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged manufacturers to lead efforts in diversifying Nigeria’s foreign ...

The Central Bank of Nigeria (CBN) has mandated the geo-tagging of all Point of Sale (PoS) terminals across the country ...

During the 301st Monetary Policy Committee (MPC) meeting held in Abuja, the Central Bank of Nigeria (CBN) announced that it ...

  As part of its broader strategy to stabilise the financial system and phase out pandemic-era reliefs, the Central Bank ...

The Federal High Court in Abuja has scheduled June 23 for hearing of contempt proceedings against Central Bank of Nigeria ...

The Federal High Court in Abuja, on Wednesday, dismissed a 990 trillion pounds suit filed by a claimant, Tunde Omosebi, ...

The Central Bank of Nigeria (CBN) has reportedly extended the deadline for the commencement of direct remittances of Federation Account ...

The Central Bank of Nigeria (CBN) has announced a significant increase in diaspora remittances, which rose by 79.4% to $4.18 ...

The naira appreciated further on Thursday, rising to N1,493 per dollar in the official foreign exchange market, according to data ...

Nigeria’s move to unify multiple foreign exchange (FX) rate windows has significantly boosted diaspora remittances, with inflows through International Money ...

The Central Bank of Nigeria (CBN) has stated that without its decisive policy measures, inflation in the country could have ...

The Central Bank of Nigeria (CBN) has directed all foreign exchange (FX) market participants to perform self-assessments and submit compliance ...

The Central Bank of Nigeria (CBN) has projected a 4.1% economic growth rate for 2025, alongside a significant reduction in ...

The Central Bank of Nigeria (CBN) has fined nine banks a total of N1.35 billion for failing to provide sufficient ...

The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 ...

The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches ...

The Nigerian stock market recorded a loss of N209 billion in market capitalisation on Wednesday, as investors reacted negatively to ...

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50 per cent from 27.25 per ...

  In a surprise revelation, the former acting governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, has said ...