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…
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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…
CBN, NDIC to discuss bank recapitalisation
The Nigeria Deposit Insurance Corporation (NDIC), Central Bank of Nigeria (CBN), Bank of Industry, United Bank for Africa (UBA),…
BOI achieves 142.5% subscription in senior phase of €1 billion global loan…
The Bank of Industry (BOI) has secured €1.425 billion from the senior phase of its global loan syndication, surpassing its initial…
Inflation: Nigerians to spend 54.9% income on food in next six months…
The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next…
CBN lifts suspension on Bank borrowing, sets new lending rate
The Central Bank of Nigeria (CBN) has lifted its suspension on banks borrowing from its Standing Lending Facility (SLF), setting…
CBN announces high remittance inflows for July
The Central Bank of Nigeria (CBN) has announced a substantial rise in remittance inflows, which reached $553 million in July 2024,…