CBN to sanction banks, BDCs for rejecting old, lower dollar notes The Central Bank of Nigeria (CBN) has said it will sanction foreign exchange dealers that...
CBN gets court’s approval to freeze 11 FCMB accounts Justice Ahmed Mohammed of the Federal High Court, Abuja, has granted an interim order allowing the...
Banks begin usage of revised cheques today as old one phase out Banks have notified customers that effective on Thursday (today), the old cheque...
CBN disburses N94.34bn COVID-19 healthcare funds The Central Bank of Nigeria has disbursed N94.34bn out of the N100bn credit intervention for the healthcare industry which...
CBN shifts forex transactions to I&E window The Central Bank of Nigeria (CBN) has shifted official forex transactions to the Investors’ & Exporters (I&E)...
CBN raises SMEs fund to N300bn as beneficiaries get N149.21bn The Central Bank of Nigeria (CBN) today announced its decision to raise the Targeted Credit...
In retrospect: Nigeria attracted $2.14bn forex in Q4 2020 The Nigerian economy attracted a total sum of $2.14 billion as foreign exchange inflow in the...
InfraCorp: CBN, partners give asset managers 14-day deadline extension for EoIs The deadline for Expression Of Interests (EOIs) for receipt of final proposals in response...
CBN says currency in circulation dropped to N2.83trn in Jan The Central Bank of Nigeria has revealed that total currency in circulation (CIC) in...
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....