Tag: CBN

Says Bayo Onanuga, the special adviser to the President

The House of Representatives has asked the Central Bank of Nigeria (CBN) to investigate the leadership and management of the ...

Following the Central Bank of Nigeria’s (CBN) consistent hike in its Monetary Policy Rate (MPR), the banking sector's maximum lending ...

Bureau de Change Operators agents have criticized the new guidelines released by the Central Bank of Nigeria mandating them to ...

In a persistent war against rising inflation, the Central Bank of Nigeria on Tuesday raised its benchmark interest rate by ...

The naira touched a seven-week low over the weekend, trading at N1,466/$1 at the official window and N1,459/1$ at the ...

On May 6, 2024, the Central Bank of Nigeria issued a circular (PSM/DIR/PUB/LAB/017/004) addressed to ‘all commercial, merchant, non-interest and ...

The Central Bank of Nigeria, has released a comprehensive list of licensed Deposit Money Banks operating within the country. The ...

The Central Bank of Nigeria has ordered banks to stop charges on cash deposits. The apex bank disclosed this in ...

With the introduction of 0.5% cybersecurity levy on banking transactions, the Central Bank of Nigeria has exempted sixteen (16) transactions. ...

The Central Bank of Nigeria (CBN) has introduced 0.5% cybersecurity levy on transactions. In other words, the CBN directed deposit ...

Growing concerns over the poor Know-Your-Customer (KYC) implementation by some financial technology companies (Fintechs) during customer onboarding and issuing Point ...

The naira strengthened against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate ...

The Central Bank of Nigeria (CBN), has resumed the sales of dollars to Bureau De Change operators (BDCs). According to ...

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