CBN issues directives to banks, PSPs on storage, management of payment…
The Central Bank of Nigeria (CBN) has directed banks and payment service providers (PSPs) to store and manage payment transaction…
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Reps committee recovers ₦521.77m VAT from CBN
The House of Representatives Public Accounts Committee has successfully recovered ₦521.77 million in unpaid Value Added Tax (VAT)…
“Cash should no longer be king,” CBN launches initiative to…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is targeting 95 percent financial inclusion…
BREAKING: No rate cut as CBN retains 26.5% interest rate
Nigeria’s apex bank has left the country’s benchmark interest rate unchanged at 26.5 per cent following the conclusion of the…
CBN introduces fresh forex framework aimed enhancing liquidit
The Central Bank of Nigeria on Friday introduced the fourth edition of its Foreign Exchange Manual, with the updated framework set…
What bank customers should know about CBN’s new BVN rules taking…
From Friday, May 1 (today), the Central Bank of Nigeria (CBN) will roll out new Bank Verification Number (BVN) rules that could…
CBN links financial literacy to economic growth drive
Central Bank of Nigeria has said financial literacy is a key part of its strategy for driving economic growth, stressing that…
$6.23m withdrawn from CBN for phoney election observers during Emefiele’s…
An Economic and Financial Crimes Commission (EFCC) witness has informed a Federal Capital Territory (FCT) high court in Abuja that…
CBN warns public over cyber hack attempts
The Central Bank of Nigeria (CBN) has cautioned Nigerians to ignore fake messages, emails, and online communications falsely…
CBN unveils new overnight benchmark rate NOFR
The Central Bank of Nigeria has introduced the Nigerian Overnight Financing Rate (NOFR), marking a new development in the…