The Central Bank of Nigeria (CBN) has taken down a report on its website detailing a fresh loan of N3.8 trillion from Ways and Means to...
The Central Bank of Nigeria (CBN) has denied instructing banks to restrict cryptocurrency accounts. In a post on X on Wednesday, CBN clarified that the circular...
The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change (BDC) operators, informing them of direct sales of US dollars at a...
Analysts have expressed optimism that the Central Bank of Nigeria (CBN)’s move to eliminate foreign currency-denominated collateral would significantly enhance FX liquidity, providing a positive outlook...
The naira reversed its steady gain against the American dollar on Tuesday April 16, 2024 at the official window as the domestic currency traded at N1,148/$1,...
A financial analyst, Allwell Okoroafor has urged the Central Bank of Nigeria (CBN) to stop the mass sack exercise in the apex, saying the drive is...
Countries such as Ghana, Egypt, Nigeria, and Malawi are leading the pack as among 10 countries with the highest interest rates in Africa as soaring inflation...
The Director of Financial Policy & Regulatory Department of the Central Bank of Nigeria (CBN), Haruna B. Mustafa, has provided reasons for the exclusion of retained...
The Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for obtaining naira loans, except under specific conditions. This...
Industry analysts have expressed their satisfaction with the directives from the Central Bank of Nigeria (CBN) increasing the minimum capital base requirements for all Banks operating...
