Tag: Central Bank of Nigeria (CBN)

The Central Bank of Nigeria, CBN, has projected that the price of Premium Motor Spirit, PMS, commonly referred to as ...

With less than eleven weeks remaining before the Central Bank of Nigeria’s recapitalisation deadline, fourteen commercial and merchant banks are ...

A Federal High Court in Abuja has summoned the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation ...

The Central Bank of Nigeria has rolled out new measures to strengthen the security and reliability of transactions carried out ...

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of Aso Savings and Loans Plc and Union Homes ...

The Central Bank of Nigeria (CBN) has given a one-month deadline for all Acquirers, Processors, Payment Terminal Service Aggregators (PTSAs), ...

A stormy session broke out in the House of Representatives on Wednesday as lawmakers debated a motion alleging that the ...

The Central Bank of Nigeria has granted full operating licences to 82 Bureaux De Change under its updated regulatory framework, ...

The Central Bank of Nigeria is weighing the option of scrapping the use of referees for opening current accounts. For ...

The Central Bank of Nigeria (CBN) has announced updated cash withdrawal regulations that will come into effect from January 2026. ...

The Monetary Policy Committee of the Central Bank of Nigeria has opted to retain the benchmark interest rate at 27 ...

Nigeria’s money supply has surged dramatically, reaching a record N117.8 trillion over the past two years amid increased bank lending ...

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has announced that the country’s foreign reserves have risen ...

The Central Bank of Nigeria (CBN) has clarified that the country’s open banking system has not yet commenced operations, despite ...