CBN warns banks against borrowing from it to fund forex, auctions
The Central Bank of Nigeria (CBN) has warned commercial banks
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CBN grants operator licence to another mobile money agent
The Central Bank of Nigeria (CBN) has granted a mobile money operator licence to Xpress Payments, a subsidiary of Xpress Holdings…
CBN recovers N3.7trn out of N9.3trn intervention funds disbursed in four…
Mr Yusuf Yila, Director, Development Finance Department of the Central Bank of Nigeria (CBN), has said that beneficiaries of the…
CBN increases interest rate to 15.5%, gives reasons
To combat the growing inflation rate, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark…
Access Holdings gets CBN approval to establish own payment company
Access Holdings Plc, trading as Access Corporation, has announced that it has received the Central Bank of Nigeria’s final…
How our support to manufacturing, health sectors, MSMEs is yielding results…
The Central Bank of Nigeria (CBN) says its continued support to the manufacturing sector and MSMEs has been yielding great…
How CBN is championing Nigeria’s economic diversification – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the apex bank under his watch has taken major leaps to…
Trapped funds: CBN releases $265m to airlines
The Central Bank of Nigeria (CBN) on Friday released the sum of $265 million to airlines operating in the country to settle…
Nigeria’s forex inflow drops 17% to $6.6bn
The Central Bank of Nigeria (CBN) has said that aggregate foreign exchange inflows into the nation’s economy fell by 17.3 per cent…
FG engages CBN, others to facilitate release of $600m trapped foreign…
The Federal Government is currently engaging relevant authorities to ensure over $600 million of trapped foreign airlines’ funds…