The Central Bank of Nigeria (CBN) has granted national operating licences to several fast-growing fintech firms and microfinance banks, paving […]
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BREAKING: CBN Scraps Cash Deposit Limits, Raises Weekly Withdrawal Threshold
The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the weekly cash withdrawal […]
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Nigeria’s Economic Recovery Strengthened As Foreign Reserves Hit Seven-year High
Nigeria’s economic recovery is gaining traction, with the Central Bank of Nigeria (CBN) reporting that the country’s external foreign-exchange reserves […]
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CBN Orders Immediate Withdrawal Of Misleading Bank Advertisements In Nigeria
The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, and other regulated financial institutions to immediately […]
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CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders
The Central Bank of Nigeria has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year […]
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FLASH: CBN Urged To Introduce N10,000, N20,000 Notes
A new economic review by Quartus Economics has called on the Central Bank of Nigeria (CBN) to introduce higher-value currency […]
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BREAKING: CBN Finally Speaks On Alleged Allocations Of $1.3 Billion For Fuel Import
The Central Bank of Nigeria (CBN) has refuted the report that it allocated $1.269 billion foreign exchange for the importation […]
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Governors Hail CBN’s Stabilisation Efforts, Pledge Support For Monetary ReformsÂ
Governors of the 36 states of the federation have expressed their support for ongoing efforts by the Federal Government, through […]
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FLASH: Nigeria’s Trade Surplus Climbed To 6%
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six […]
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FLASH: CBN Directs Banks To Refund Failed ATM Transactions Within 48 HoursÂ
The Central Bank of Nigeria has directed Deposit Money Banks and other financial institutions to refund customers for failed Automated […]
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