We Will Retain High Interest Rates To Tame Inflation — CBN
Ahead of this week’s Monetary Policy Committee (MPC) meeting, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso,…
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NLC, CBN Clash Over Cybersecurity Levy
The recent order by the Central Bank of Nigeria (CBN), of 0.5 per cent cybersecurity levied on electronic transfers has…
CBN Orders Banks To Charge Nigerians For Cybersecurity
In the face of the ongoing hardship ravaging Nigeria, deposit money banks in the country will now start charging 0.5%…
CBN: Naira Outperforms All Other Currencies Worldwide
The naira has achieved global recognition as the best-performing currency due to the successful implementation of foreign exchange reforms by…
Naira Currently Best Performing Currency Globally, CBN Boasts
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has asserted that the FX reforms undertaken by the…
Crash Expected As CBN Sells $10,000 To BDCs At ₦1,101/$
The Central Bank of Nigeria (CBN) has announced the sales of dollars to 1, 588 Bureau De Change (BDC) operators…
Nigerian Economy Has Recorded Over $1.5bn Inflow In Days -CBN
The Central Bank of Nigeria (CBN) has claimed that over $1.5bn came into the Nigerian economy over the past few…
Mergers Likely As CBN Pegs Capital Base For Banks At ₦500bn
The Central Bank of Nigeria (CBN) has announced a new minimum capital requirements for banks as it pegged the minimum…
Binance: Team Up With SEC, EFCC, NSA Successful – CBN Gov
In a statement released yesterday, the Central Bank of Nigeria (CBN) underscored that the Securities and Exchange Commission (SEC) is…
CBN: Security Forces Hunting Firms Engaged In Forex Fraud
The Central Bank of Nigeria (CBN) has announced that security agencies, including the Economic and Financial Crimes Commission (EFCC), are…
FX Crisis: CBN Orders BDCs Not To Sell Dollar Above N1,269
The Central Bank of Nigeria (CBN), has announced that it has provided Bureau De Change (BDCs), operators with $10,000 at…
FX Backlog: Show Evidence Of Payment, Foreign Airlines To CBN
Against the backdrop of viral reports that the Central Bank of Nigeria (CBN), has cleared all valid foreign exchange backlogs,…