World Bank doubts CBN’s monetary policy will curb inflation
The World Bank has expressed doubt that the Central Bank of Nigeria's (CBN) tightening of monetary policy will effectively combat…
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Heritage Bank: No plans to withdraw licenses of three more banks –…
The Central Bank of Nigeria (CBN) says there are no plans to withdraw the licenses of three banks.
A press statement by the…
Heritage Bank: No plans to withdraw licenses of three more banks –…
The Central Bank of Nigeria (CBN) says there are no plans to withdraw the licenses of three banks.
BREAKING: CBN revokes Heritage Bank’s operating licence ‘with…
The Central Bank of Nigeria (CBN), has revoked the operating licence of one of Nigeria's deposit money banks (DMB), Heritage Bank…
CBN clears $831m foreign airlines’ trapped funds – IATA
The International Air Transport Association, IATA has announced that the Central Bank of Nigeria has released international…
Reps to probe CBN sack of 600 staff members
On Wednesday, May 29, the House of Representatives authorised its banking institutions committee to look into the circumstances…
CBN releases approved guidelines for BDCs
The Central Bank of Nigeria (CBN) has authorised guidelines for Bureau De Change (BDC) operations across the country, while…
CBN links FX volatility to seasonal demands
he Central Bank of Nigeria (CBN) has blamed the foreign exchange market's instability on "seasonal demands".
CBN Governor…
JUST IN: OPay, Moniepoint, others to resume onboarding new customers in…
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda…
CBN raises interest rate to 26.25 % amid soaring inflation levels
The Central Bank of Nigeria (CBN) has hiked interest rates by 150 basis points, from 24.75% to 26.25%.
Following a two-day…