The Central Bank of Nigeria (CBN), says the closure of Nigeria’s land border will boost local production as well attracting foreign direct investment (FDI) into the...
The Governor of Central Bank of Nigeria Godwin Emefiele has disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in...
As part of its continued intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) injected a cumulative sum of $8.28 billion to further...
The Central Bank of Nigeria (CBN) has taken steps to increase supervision and regulation of Financial Technology (FinTech) companies such as Renmoney, Piggyvest, Credit Direct, and...
The financial support provided by the Central Bank of Nigeria (CBN) to Nigeria’s power sector is set to hit a total of N1.695 trillion, making it...
Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June, this year, Central Bank of Nigeria (CBN) half-year e-payment figures...
The Central Bank of Nigeria (CBN) says it is planning to develop accessible digital content to curb huge financial losses associated with piracy of movies and...
Former Governor of Central Bank of Nigeria (CBN), Prof. Charles Soludo, says Nigeria’s economy was still dwindling as the government had failed to consider diversification from...
The Manufacturers Association of Nigeria (MAN) has alerted that the implementation of the cashless policy may have negative effects on the Micro, Small and Medium Enterprises...
The Central Bank of Nigeria (CBN) has issued a fresh circular mandating commercial banks operating in the country to lend out up to 65% of their...
