CBN educates Delta residents on eNaira usage
On Friday, the Central Bank of Nigeria enlightened and encouraged Nigerians to embrace the use of eNaira and other programmes to…
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CBN rejects plans by Senate to enact new anti-money laundering law
The Central Bank of Nigeria on Thursday kicked against plans by the Senate to enact a new anti-money laundering law.
The apex…
CBN to stop sale of forex to banks by year end
The Central Bank of Nigeria (CBN) has revealed that it would stop the sale of foreign exchange to banks by the end of the year.…
How we increased diaspora remittances from $6m weekly to over $100m – CBN…
The Central Bank on Thursday said its policies and measures have led to a significant improvement in diaspora remittances inflow.…
CBN reduces charges on electronic transactions
The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised…
Credit facilities: CBN cautions Nigerians against loan sharks, gives…
The Central Bank of Nigeria (CBN) has cautioned Nigerians against seeking credit facilities from loan sharks for financial…
CBN retains benchmark interest rate at 11.5 per cent
The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday retained the Monetary Policy Rate (MPR) at 11.5% and kept all…
First Bank Too Big For Individual Ownership–Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that First Bank of Nigeria is too big for any individual to…
EFCC returns ‘hidden’ N19bn Kogi salary bail-out funds to CBN
The Economic and Financial Crimes Commission (EFCC) says it has returned the sum of N19,333,333,333 which was recovered from the…
CBN Eyes Self Sufficiency In Wheat Production With Brown Revolution
As a country, Nigeria has relied on the proceeds of oil exports for so long. However, with the volatility of oil prices, and its…