Tag: CBN

The CBN Act of 1958, established the Central Bank of Nigeria, it commences operation July 1959. Thus, the major regulatory ...

The naira has continued its strengthen against the United States dollar. The Nigerian currency appreciating N1,050/$ at the official market ...

United Bank of Africa Plc (UBA), one of the Nigeria’s leading Banks, has hinted on a well-defined strategy to boost its ...

The Federal Government of Nigeria through the National Identity Management Commission (NIMC) disclosed plans to launch a new national identity ...

The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria aimed at stabilising the ...

Bismarck Rewane, the managing director, Financial Derivatives Company Limited, has charged the Central Bank of Nigeria (CBN), to take advantage ...

The Central Bank of Nigeria (CBN) has again announced the sales of dollars to Bureau De Change (BDCs) operators. It ...

Nigeria’s foreign exchange reserves dropped by approximately $1.02bn within 18 days, according to Central Bank of Nigeria (CBN’s) report. The ...

The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ...

Nigerian financial services group Access Holdings Plc has revealed plans to raise $1.5 billion to bolster its capital base. This ...

Ernst and Young, a multinational professional services partnership, and one of the largest professional services networks in the world, has ...

The Central Bank of Nigeria (CBN) has warned that banks operating in the country cannot use their foreign exchange revaluation ...

The Central Bank of Nigeria (CBN), has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns ...

Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has said that foreign exchange (forex) backlogs have ...

I do not understand the rationale behind raising the benchmark interest by 400bp by Nigeria’s Central Bank. The price of ...