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CBN clarifies voluntary exit of 1,000 staff, N50bn severance package
The Central Bank of Nigeria has reaffirmed that the 1,000 staff members who disengaged…
CBN reiterates indefinite validity of old Naira notes
The Central Bank of Nigeria has announced that all versions of the naira, including…
CBN allocates N1.73tn for food imports amid inflation
The Central Bank of Nigeria allocated N1.73 trillion for food imports in the first…
CBN resumes dollar sales to BDCs
The Central Bank of Nigeria announced the resumption of dollar sales to bureaux de…
Fintech: CBN warns of increasing risk of non-bank money transfers
The Central Bank of Nigeria has warned about the rising transaction volumes of Non-Bank…
CBN ends price verification system for importers accessing forex
The Central Bank of Nigeria has announced it will no longer use the Price…
CBN debunks plans to revoke, Unity, Polaris, Keystone banks licenses
The Central Bank of Nigeria has firmly denied alleged plans to revoke the licenses…
Financial sector will see more Islamic banks – CBN
The Central Bank of Nigeria announced that the financial sector will see more Islamic…
CBN suspends charges on cash deposits until September 30
The Central Bank of Nigeria has announced the suspension of charges on cash deposits…
Nigerians to pay 0.5% cybersecurity levy on bank transactions
Banks in Nigeria will soon introduce a 0.5% cybersecurity levy on electronic transactions, as…
FG borrows N3.8trn from CBN in six months
The Federal Government of Nigeria has reportedly borrowed an additional N3.8 trillion from the…
Formalise Japa to boost Nigeria’s fx reserves – BDC chief
The recent surge in Nigeria's currency, the Naira, against the United States Dollar has…
Nigeria’s debt repayments behind FX reserves decline – CBN
The Central Bank of Nigeria has provided clarity on the recent significant drop in…
CBN cuts customs rate by 5.3% over continued naira appreciation
The Nigerian Customs Service has announced a 5.3% reduction in its foreign exchange rate…
CBN implements stricter rules for Bureau De Change
The Central Bank of Nigeria has unveiled new guidelines for Bureau De Change in…