BDCs eye $25bn Diaspora remittance collection The Association of Bureaux De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN)...
Nigeria’s public debt profile hits N32.22trn As debt servicing costs N1.99trn in 9 months Revenue shortfalls, COVID-19 trigger aggressive borrowing Analysts’s fear comes true Aggregate...
ABCON: COVID-19, forex volatility portend more woes for businesses except… Foreign exchange (forex) scarcity in Nigeria portend a more difficult operation environment for businesses...
CBN’s forex reserves inch up to $35.4bn The nation’s external reserves rose to $35.4billion as at December 30 from $34.98 billion recorded as at December...
Concerns as Nigeria’s forex reserves shed $132.06m Nigeria’s foreign exchange (forex) reserves dropped by $132.06 million at the weekend as the apex bank continued to...
NIFIs: CBN asks for public inputs to new financial document The Central Bank of Nigeria (CBN) has called for public observations, comments and contributions to...
CBN orders closure of money transfer operators’ naira accounts The Central Bank of Nigeria (CBN) has directed the Deposit Money Banks (DMBs) to close all...
DISCLAIMER: CBN exposes 2 unathorised International Money Transfer Operators The Central Bank of Nigeria (CBN) has warned the general public to beware of two firms...
CBN kicks as Money agents flout dollar payment directive The Central Bank of Nigeria (CBN) has expressed displeasure at the flouting of its policy mandating International...
The Central Bank of Nigeria (CBN) has issued a new directive on Form M, which indicates the apex bank has reversed earlier strict disallowance of opening...
The Purchasing Managers Indexb(PMI) for the manufacturing sector which started contracting in May recorded another contraction in October according to the Central Bank of Nigeria. The...
The Central Bank of Nigeria (CBN) has restated commitment to further deepen financial inclusion in Nigeria by promoting opening of new bank accounts with zero balance....
Currency in circulation (CIS) rose by N56.44 billion in one month from N2.369 trillion as of the end of August to N2.426 trillion as of the...
The Central Bank of Nigeria (CBN) has released the framework for the financing of National Mass Metering Programme (NMMP). The programmed is aimed at closing the...
The Central Bank of Nigeria (CBN) has ordered banks to comply with the SWIFT universal payment confirmation. It stated this in a circular titled ‘Compliance with...
In a bid to strengthen the local currency, Naira, the Central Bank of Nigeria (CBN) supplied $13.99 billion into the market between January and June. The...
The Central Bank of Nigeria (CBN), on Tuesday, expressed dismay over the non-compliance with the provisions of its circular on compliance with export procedures by shipping...
Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves...
Extends footprint to South African market Access Bank Plc on Tuesday announced that it has received the Central Bank of Nigeria’s approval-in-principle for the bank’s restructuring...
Investors at the Nigerian Stock Exchange (NSE) have continued to reap the positive effects of recent rate cut by the Central Bank of Nigeria (CBN) which...
