Business CBN speaks on ‘December 31 deadline’ for circulation of old… Oluwadamilare Emmanuel Oct 25, 2024 The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on…
Business CBN authorises N1.73 trillion for food imports in six months Toyibat Ajose Oct 20, 2024 The Central Bank of Nigeria (CBN) disbursed $547.7 million (equivalent to N823.19 billion at the official exchange rate of…
Business Implement strong cybersecurity framework to protect customers’ funds, CBN… Oluwadamilare Emmanuel Oct 15, 2024 The Central Bank of Nigeria (CBN) has urged banks in the country to make significant investments in cybersecurity to safeguard…
News Net forex inflow rises To $27.6bn – CBN Alagbe Shenayon Oct 11, 2024 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…
News All deposits in Nigerian banks are secured, CBN assures Nigerians Alagbe Shenayon Oct 8, 2024 The Central Bank of Nigeria (CBN) has reassured Nigerians not to panic, stating that it has implemented policies to ensure the…
News EFCC asks court to dismiss Emefiele’s move to stop seizure of $2.04… Toyibat Ajose Oct 6, 2024 The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court in Lagos to reject an application by former…
Business Naira speculation: CBN unveils electronic FX matching system Oluwadamilare Emmanuel Oct 4, 2024 The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS). In…
Business CBN sells $20,000 to each BDC at ₦1,590/$ Toyibat Ajose Sep 26, 2024 The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the…
News Again, CBN hikes interest rate, gives reason Oluwadamilare Emmanuel Sep 24, 2024 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which…
News Dangote petrol will ease transport costs, foodprices – CBN Alagbe Shenayon Sep 24, 2024 The Central Bank of Nigeria (CBN) has stated that the distribution of petroleum products from the Lagos-based Dangote Refinery…