Tag: CBN

The Domestic Card Scheme is tipped to transform the African payment ecosystem

The First City Monument Bank (FCMB) Group's management aims to boost the company's liquidity for operating financing. The capital market ...

To "aggressively" control inflation, the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR), which measures interest rates, ...

As a two-day meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) gets underway on ...

According to the Association of Bureaux De Change Operators of Nigeria (ABCON), the Naira's stability on the black market has ...

The Central Bank of Nigeria (CBN) recently introduced National Domestic Card Scheme (NDCS) became effective January 16, 2023. There are ...

According to the programme, the old ₦1000, ₦500, ₦200 notes can be exchanged for the newly redesigned notes and, or ...

Inclusion for all data analysis indicates conditions for exchange of old Naira notes could disproportionately impact vulnerable populations 

According to information released by the Central Bank of Nigeria (CBN), there are at least 6,047 Bank Verification Numbers (BVNs) ...

The Central Bank of Nigeria's (CBN) approach to managing exchange rates has drawn criticism from the World Bank once again ...

Recently, the CBN announced that individuals will only be able to withdraw N100,000 per week (from over-the-counter, point-of-sale machines or ...

Every local government in Nigeria has a Point of Sale (POS) agent present, according to Godwin Emefiele, Governor of the ...

The maximum weekly limit for cash withdrawals by individuals and corporate organizations through all channels has been raised by the ...

On Wednesday, President Muhammadu Buhari requested that the Senate evaluate and approve the Central Bank of Nigeria's advance of N1 ...

In a move geared towards encouraging investors to repatriate their profits from their enterprises, the Central Bank of Nigeria, or ...