International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency
Browsing: Central Bank of Nigeria
Central Bank of Nigeria (CBN) has released a total sum of $2.97bn to oil sector players for the importation of petroleum products and other related items into the country.
The Federal Government, on Monday, announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising inflation which had impoverished many Nigerians.
Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN).
By Kabir Abdulsalam The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has expressed optimism that…
President Bola Tinubu has intervened in the ongoing debate over the implementation of the controversial cybersecurity levy in Nigeria. Following mounting pressure and concerns raised by various stakeholders, including the House of Representatives, President Tinubu has directed the Central Bank of Nigeria (CBN) to
By Kabir Abdulsalam The Central Bank of Nigeria (CBN) has called for a renewed focus on monitoring and evaluation (M&E)…
Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend them from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and
Central Bank of Nigeria (CBN) and the National Institute for Policy and Strategic Studies (NIPSS) are set to collaborate on enhancing Nigeria’s digital economy potential for the purpose of empowering and creating jobs for millions of youths.
The Central Bank of Nigeria (CBN) has called on Deposit Money Banks (DMBs) in the country to act fast on the increase of their capital base in order to strengthen the financial system against potential risks.
Central Bank of Nigeria (CBN) has concluded the payment of all verified claims of backlog of foreign exchange owed to foreign airlines, with an additional $64.44 million to
Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions.