Comply with applicable Nigerian, UN sanctions lists, CBN tells Banks
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to comply with applicable Nigerian and…
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Tariff Shock: Oil declines, CBN sells $198 million to support Naira
Crude oil prices have dropped by more than 12%, now hovering around $65.50 per barrel, following the implementation of extensive…
CBN Boosts FX Market With $197.71m Amid Trump Tariffs
The Central Bank of Nigeria (CBN) has injected $197.71 million to promote market liquidity and stability in the foreign…
CBN breaks silence on alleged introduction of N5,000, N10,000 notes
The Central Bank of Nigeria (CBN) has denied introducing N5,000 and N10,000 currency notes.
The apex bank was reacting to a…
Nigeria’s net reserve hits $23bn, highest in over three years — CBN
Nigeria’s Net Foreign Exchange Reserve (NFER) at the end of 2024 stood at $23.11 billion, marking the highest level in over three…
CBN projects gradual inflation drop in next six months
The Central Bank of Nigeria (CBN) has projected a gradual drop in inflation rate over the next six months.
This is contained in…
Suspend ATM charges hike, Reps tell CBN
The House of Representatives has passed a resolution urging the suspension of increased Automated Teller Machine (ATM) transaction…
CBN appoints 16 new directors
The Central Bank of Nigeria (CBN) has appointed 16 new directors to head key departments.
The directors’ appointments took…
Assembly Crisis: Supreme Court stops CBN, Accountant General from releasing…
The Supreme Court has prohibited the Central Bank of Nigeria (CBN), the Accountant General of the Federation, and other agencies…
CBN obstructing probe Into N30trillion Ways And Means –Senate
The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of obstructing its…