CBN introduces Naira 4 Dollar scheme for diaspora remittances In an effort to sustain the encouraging increase in inflows of diaspora remittances into the country....
Emefiele charges Nigerians on agric boom The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Anchor Borrowers’ Programme of the...
Adopt pragmatic approach to cryptocurrency, Luno tells CBN Luno, a globally recognised crypto platform, has called on the Central Bank of Nigeria (CBN) to...
CBN moves to regulate Open Banking in Nigeria The Central Bank of Nigeria (CBN) in line with its mandate to promote financial system stability has...
FOREX: CBN defends naira with $21.18bn in 11 months In bid to meet demands and further strengthen naira, the local currency, the Central Bank...
Nigerian households get N44.62bn COVID-19 intervention funds – CBN Households got N44.62 billion intervention funds to alleviate hardships from COVID-19 as of the end...
SEC reacts to CBN’s ban on cryptocurrency transactions The Securities and Exchange Commission (SEC) has reacted to the placement of ban on all forms of...
Senate to drill Emefiele over cryptocurrency ban The Senate has summoned the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for a briefing...
No going back on Crypto ban, CBN insists Says digital currencies breed illegal activities, raise risks The Central Bank of Nigeria (CBN) has insisted that...
CBN bans cryptocurrency trading in Nigeria The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and other financial institutions to close accounts...
Fitch predicts $6.63 surge in Nigeria’s external reserves in 2021 Fitch Ratings has predicted that Nigeria’s external reserves would surge by $6.63 billion to hit...
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...