CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban placed on cryptocurrency transactions in Nigeria in a move to…
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Central Bank of Nigeria (CBN)
CBN halts Banks from spending Forex revaluation gains
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to stop using foreign exchange revaluation gains for…
CBN revokes licenses of 2,698 Bureau de Change dealers
The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991, down from the previously…
Nigerians can now receive Diaspora Remittances in Naira – CBN
The Central Bank of Nigeria (CBN) has announced that the naira, the country's official currency, can now be used to pay out…
Rising inflation: IMF sends message to CBN, others
The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary…
Gov Abiodun visits CBN, urges to address naira crisis
The Ogun State Governor, Dapo Abiodun, on Monday, paid an unscheduled visit to the Abeokuta branch of the Central Bank of Nigeria…
CBN approves dollar sales by Payment Service Banks
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things…
CBN Disburses N2.10trn For 426 Real Sector Projects
The Central Bank of Nigeria said it has supported the real sector of the nation’s economy with N2.10 trillion as project support…
Bank assets rise by 21% to N64.32tn – CBN
Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April.
Figures obtained from the Central…
Central Bank releases N3.5b for non-oil export rebates
The Central Bank of Nigeria (CBN) has released N3.5 billion as rebates for exporters of semi- and fully-processed non-oil…