CBN reaffirms commitment to financial system stability
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the stability of the Nigerian financial system. The
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CBN
Arbitrary bank charges:, CBN urges customers to report illegal charges
Customers of various banks have decried arbitrary debit of their monies by their banks. Some of them who spoke to
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CBN introduces electronic foreign exchange matching system to curb speculation
The Central Bank of Nigeria (CBN), has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS), for Foreign
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We’re retooling economy to serve Nigerians better – Tinubu
President Bola Tinubu has said his administration is retooling the economy through necessary reforms to serve Nigerians better and more
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CBN partners Microfinance Banks to promote financial inclusion
The Central Bank of Nigeria (CBN) has said it is partnering with Microfinance Banks (MFBs), to enhance financial inclusion to
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CBN to customers: Understand bank products before you subscribe
The Central Bank of Nigeria (CBN), has advised bank customers to ensure they properly understand any bank product before subscribing
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Lifting petrol from Dangote refinery ‘ll moderate FX pressure, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery
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CBN further increases interest rate by 50 basis points to 27.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR)
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Customer sues Access Bank for N100m damages over alleged unlawful deductions
A legal practitioner, Mr Junaid Sanusi who is a customer of Access Bank Plc, has sued the bank for N100
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CBN directs service providers to track PoS transactions
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has directed payment service providers to begin the tracking
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FG’s revenue increases to #9.1trn in Q1, no increase in taxes – Finance minister
The Minister for Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said that Federal Government’s revenue for
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“It’s deeply troubling”, group urges CBN to address allegations of mismanagement, lavish spending
By CHRISTIANA LOT, Jos – The Conference of Autochthonous Ethnic Communities Development Association (CONECDA) has criticized the Central Bank of
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CBN approves $20,000 for eligible BDCs at N1,580 exchange rate
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has approved 20,000 dollars each for eligible Bureaux De
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Dollar-denominated bond the option as FG moves to boost Forex liquidity
As the inflation occasioned by weak naira inflation, a wide dollar gap and high energy cost impacts on Nigeria’s economy
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Okonjo-Iweala says policy consistency will lead Nigeria to progress
The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has advocated policy consistency in Nigeria regardless of change
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Sacked CBN staff drag apex bank to court
By CHRISTIANA LOT, Jos – No fewer than 100 former employees of the Central Bank of Nigeria (CBN) have initiated
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CBN records $553m remittance inflows for July
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN), on Tuesday said it has recorded a significant increase
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FG to begin crude oil sales to Dangote Refinery in Naira October
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This
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Transparency: CBN re-introduces publication of key economic reports
The Central Bank of Nigeria (CBN) says it has reintroduced the publication of several key economic reports to foster
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NDIC pays 82.36% of Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has paid 82.36 per cent of depositors with above N5 million as insured
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