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…
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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…
Naira speculation: CBN unveils electronic FX matching system
The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS).
In…
CBN sells $20,000 to each BDC at ₦1,590/$
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the…
Again, CBN hikes interest rate, gives reason
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which…
Dangote petrol will ease transport costs, foodprices – CBN
The Central Bank of Nigeria (CBN) has stated that the distribution of petroleum products from the Lagos-based Dangote Refinery…
External reserves hit 22-month high to $37.31bn — CBN
Nigeria’s external reserves have reached a 22-month high of $37.31 billion, indicating substantial foreign inflows into the…
CBN clears air on alleged reintroduction of suspended cybersecurity level
The Central Bank of Nigeria (CBN) says it has not reintroduced the cybersecurity levy that was previously suspended.
Recall…