Central Bank of Nigeria has issued a fresh warning to the public over the circulation of fraudulent messages and links designed to compromise personal bank accounts....
The Central Bank of Nigeria has unveiled plans to recapitalise and restructure Development Finance Institutions (DFIs) in a bid to address a widening funding gap estimated...
By: Amarachi Okonkwo The Central Bank of Nigeria (CBN) has announced that domestic investors contributed the majority of funds raised during the banking sector recapitalisation programme,...
The Central Bank of Nigeria has approved unrestricted access to export proceeds for international oil companies (IOCs), allowing them to repatriate 100 per cent of their...
The Nigerian currency recorded a marginal depreciation, closing at N1,383.5 per dollar, as pressure on external reserves continues to weigh on the foreign exchange market. Data...
The Central Bank of Nigeria has directed all International Money Transfer Operators (IMTOs) to open and maintain naira settlement accounts with authorised dealer banks, in a...
The Central Bank of Nigeria (CBN) has set a medium-term inflation target of 6 to 9 per cent as it moves toward a full inflation-targeting monetary...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that foreign exchange (FX) market volatility has dropped below 0.5%, signaling improved stability...
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has identified inflation as the greatest threat to Nigerians’ economic welfare, pledging that the CBN will work toward...
The Central Bank of Nigeria (CBN) has reported that Nigerian banks issued N470bn in personal loans during the last quarter of 2024. This was revealed in...
