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…
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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…
Tinubu did not ask CBN Governor to resign – Presidency
President Bola Tinubu has not requested the resignation of Yemi Cardoso as Governor of the Central Bank of Nigeria (CBN).
Ways and means loan to FG continues at 5% – CBN
The Central Bank of Nigeria (CBN) says it will sustain its ways and means advances to the federal government at a 5 percent limit…
CBN gives PoS operators one month to use aggregators
The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment…
Edo guber: 2.6 million voters registered as INEC begins moving materials to…
The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has announced that Edo State now…