CBN warns against fake ‘swift’ messages
The Central Bank of Nigeria (CBN) has issued a warning to the public to remain cautious of fraudulent 'Swift' messages and…
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CBN vows to sanction banks hoarding, diverting cash
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) regarding cash hoarding and diversion,…
Naira Depreciation: Firms’ confidence in economy fall by 3.2 index points —…
Amid expectations of naira depreciation by year’s end, businesses in Nigeria have shown reduced confidence in the economy, as…
IFC, CBN partner to boost local currency financing in Nigeria
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with the Central Bank of…
CBN speaks on ‘December 31 deadline’ for circulation of old…
The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on…
CBN authorises N1.73 trillion for food imports in six months
The Central Bank of Nigeria (CBN) disbursed $547.7 million (equivalent to N823.19 billion at the official exchange rate of…
Implement strong cybersecurity framework to protect customers’ funds, CBN…
The Central Bank of Nigeria (CBN) has urged banks in the country to make significant investments in cybersecurity to safeguard…
Net forex inflow rises To $27.6bn – CBN
Net foreign exchange inflows into Nigeria's economy surged by 67.8% to $27.6 billion in the first half of 2024, up from $16.44…
All deposits in Nigerian banks are secured, CBN assures Nigerians
The Central Bank of Nigeria (CBN) has reassured Nigerians not to panic, stating that it has implemented policies to ensure the…
EFCC asks court to dismiss Emefiele’s move to stop seizure of $2.04…
The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court in Lagos to reject an application by former…