CBN issues IMTOs Naira Access to boost remittances
On Monday, the Central Bank of Nigeria (CBN) announced new steps to strengthen naira liquidity and increase diaspora remittances.
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Nigerians borrow ₦3.9bn as inflation heightens — CBN
Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria (CBN), said…
How $6.2million stolen from CBN was shared, court documents reveal
Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was…
CBN confirms $2.9b deposit in special account to stabilise forex market
The Central Bank of Nigeria (CBN) has set up a special account with a deposit of $2.9 billion to help calm the foreign currency…
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…
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…