CBN

Updated: Concern mounts as naira falls to ₦550 per dollar

The naira has continued its free fall against the United States dollar and other major currencies as it traded between…

4 years ago

CBN names foreign firm Bitt as technical partner for eNaira

The Central Bank of Nigeria (CBN) has appointed a global fintech firm, Bitt Inc, as the technical partner for its…

5 years ago

E-Naira: CBN okays N50,000 transfer limit, begins October 1

The Central Bank of Nigeria has fixed October 1, 2021 for the commencement of digital currency (e-naira) and set an…

5 years ago

CBN blocks bank accounts of 18 companies

The Central Bank of Nigeria has ordered banks to place a post-no-debit on the bank accounts of 18 companies. A…

5 years ago

Forex deal: CBN lists ‘infractions’ of RiseVest, other fintech platforms

The federal high court sitting in Abuja on Tuesday granted the request of the Central Bank of Nigeria to freeze…

5 years ago

CBN gets EFCC, police support to punish naira abusers

The Central Bank of Nigeria says it is working with the police, the Economic and Financial Crimes Commission, the Federal…

5 years ago

CBN recovers N89bn excess bank charges, others

Says, Nigeria’s financial system sound’ The Central Bank of Nigeria say it has so far recovered N89.2bn excess and illegal…

5 years ago

CBN fixes N1m application fee for payment service firm

Anyone intending to set up a payment service holding company will have to pay a mandatory application fee of N1m,…

5 years ago

We won’t tamper with foreign currency in your dom accounts, CBN assures customers

The Central Bank of Nigeria (CBN) says speculations that the apex bank is considering converting foreign exchange (FX) in the…

5 years ago

ASUU: Varsities to get FG’s N30bn revitalisation fund next week

Reprieve may have come for university students over fresh threat by their lecturers to go on strike as Labour and…

5 years ago