Tag: CBN

Nigeria experienced real growth of 2.25 percent year over year in the third quarter, according to data from the National ...

To avoid delisting the first-generation bank from the Nigerian Exchange, Titan Trust Bank Limited may today conclude the application list ...

To combat growing inflation, the Central Bank of Nigeria's (CBN) policy-setting council increased the monetary policy rate (MPR), which measures ...

“Consequently, you must return all the current N200, N500, and N1,000 banknotes to your bank before the expiration of the ...

In his speech, Emefiele mentioned that there is "the concern of fintech outcompeting traditional banks, with attendant profitability risk," or ...

And I don’t know whether the monetary authorities have actually looked very closely at what the consequences and how they ...

Prior to today, customers had to pay a commission for the transaction as well as a stamp tax of N50 ...

In line with this approval, we have finalized arrangements for the new currency to begin circulation on December 15, 2022

The Central Bank of Nigeria (CBN) said it will redesign the N200, N500, and N1,000 notes, respectively. CBN Governor, Godwin ...

Over 2.5 million daily visits to the eNaira website

The PSBs are required to comply with relevant extant regulations and CBN’s prudential guidelines and circulars which are issued periodically.

On Monday, October 25, 2021, in the State House in Aso Villa, President Muhammadu Buhari formally introduced the digital currency.

“Part of the proposition of the bank is that this National Domestic Card scheme will be created to help drive ...

Government's contingent liabilities as a share of GDP fell from 2.75% in 2020 to 2.64% in 2021

Manufacturers said that other nations, such as South Africa, previously supported these measures as a way to promote industrial activity.