BREAKING: CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal The Central Bank of Nigeria (CBN) has announced sweeping changes to its cash-handling regulations, removing all limits...
NNPC, CBN Seal Strategic Partnership to Boost Nigeria’s Economic Stability The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have entered...
Nigeria Attracts $20.98bn Foreign Investments as CBN Reforms Strengthen FX Market, Reserves Nigeria has recorded a major rebound in foreign investor confidence, with foreign capital inflows...
Naira strengthens further as CBN rate hits N1,452.79/$ ABUJA — The naira continued its upward trajectory on Monday, appreciating to N1,452.79 per dollar at the official...
CBN directs banks to refund failed ATM transactions within 48 hours The Central Bank of Nigeria (CBN) has directed Deposit Money Banks and other financial institutions to refund...
CBN promises to provide clean currency notes The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes with the...
JUST IN: 8 banks meet new CBN recapitalisation, MPC maintains 27% lending rate The Central Bank of Nigeria (CBN) has retained the benchmark Monetary Policy Rate (MPR) at...
Naira falls to N1,532.34/$ despite CBN’s intervention The Nigerian naira ended the past week on a slightly weaker note, recording a 0.14% depreciation against the U.S....
CBN’s $1bn monthly diaspora inflow target faces immigration threat With many countries recalibrating their immigration and international fund remittance frameworks to cement their protectionist posturing, the Central Bank...
CBN targets $1bn monthly diaspora remittance, unveils platform for BVN foreign applications The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS),...
