News CBN lifts ban on cryptocurrency transactions Olusegun Kugbayi Dec 23, 2023 The Central Bank of Nigeria (CBN) has lifted the ban placed on cryptocurrency transactions in Nigeria in a move to…
News CBN halts Banks from spending Forex revaluation gains Toyibat Ajose Sep 12, 2023 The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to stop using foreign exchange revaluation gains for…
News CBN revokes licenses of 2,698 Bureau de Change dealers Oluwaseyi Lawal Jul 20, 2023 The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991, down from the previously…
News Nigerians can now receive Diaspora Remittances in Naira – CBN Toyibat Ajose Jul 14, 2023 The Central Bank of Nigeria (CBN) has announced that the naira, the country's official currency, can now be used to pay out…
Business Rising inflation: IMF sends message to CBN, others Olusegun Kugbayi Mar 5, 2023 The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary…
News Gov Abiodun visits CBN, urges to address naira crisis Olusegun Kugbayi Feb 7, 2023 The Ogun State Governor, Dapo Abiodun, on Monday, paid an unscheduled visit to the Abeokuta branch of the Central Bank of Nigeria…
Business CBN approves dollar sales by Payment Service Banks Olusegun Kugbayi Oct 25, 2022 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 Olusegun Kugbayi Oct 7, 2022 The Central Bank of Nigeria said it has supported the real sector of the nation’s economy with N2.10 trillion as project support…
Business Bank assets rise by 21% to N64.32tn – CBN Reporter Jul 4, 2022 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 Olusegun Kugbayi Apr 15, 2022 The Central Bank of Nigeria (CBN) has released N3.5 billion as rebates for exporters of semi- and fully-processed non-oil…