Why Nigeria’s instant payment system is among world’s most advanced –…
The Central Bank of Nigeria (CBN) has said the country’s instant payment infrastructure is one of the most advanced globally.…
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cbn
Naira settles below ₦1,600
The naira traded below ₦1,600 in the parallel market on Wednesday, buoyed by forex interventions from the Central Bank of Nigeria…
BDC recapitalisation: CBN reacts to reports of extending deadline for…
The Central Bank of Nigeria (CBN) has debunked reports of extending the deadline for the recapitalisation of bureau de change…
CBN refutes report on BDC recapitalisation deadline
The Central Bank of Nigeria (CBN) has refuted a circulating report claiming that the deadline for the recapitalisation of Bureau…
Recapitalisation: BDC operators seek extension as deadline approaches
Bureau De Change (BDC) operators have appealed to the Central Bank of Nigeria (CBN) to extend the recapitalisation deadline and…
SERAP sues CBN over council fund transparency
The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal proceedings against the Central Bank of Nigeria…
CBN retains 27.50% interest rate again
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has maintained the country's interest rate at 27.50% for…
CBN unveils BVN platform for Nigerians in diaspora
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the…
CBN sells N598.3bn treasury bills
The Central Bank of Nigeria (CBN) has allocated a total of ₦598.33 billion in Nigerian Treasury Bills (NTBs) across three tenors.…
CBN announces revised documentation requirements for PAPSS transactions
The Central Bank of Nigeria (CBN) has announced a review of the documentation requirements for transactions conducted through the…