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...
A report by the Central Bank of Nigeria (CBN) and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial...
The Central Bank of Nigeria (CBN) has said it will pursue expansionist monetary policies to save the country from economic headwinds and combat recession. God Emefiele,...
Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 132 OF THE MONETARY POLICY COMMITTEE MEETING HELD ON 21st AND 22nd SEPTEMBER 2020 The Monetary Policy Committee (MPC) met...
The domestic stock market swang northward to close activities on a positive note on Tuesday in a move described by experts as a response to monetary...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to reduce the Monetary Policy Rate (MPR) by 100 basis points from...
By NOVA Merchant Bank Summary At its meeting in July, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria elected to maintain status quo...
The Central Bank of Nigeria (CBN) has highlighted factors capable of tempering the expected impact of efforts put in place by the federal government to revive...
The Central Bank of Nigeria (CBN), on Tuesday, directed banks operating in the country to furnish it with all domiciliary accounts statements linked to the Bank...