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Tag: CBN

CBN sets weekly $25,000 FX limit for BDCs

The Central Bank of Nigeria has introduced new guidelines limiting Bureau de

Onwubuke Melvin Onwubuke Melvin

Banks reported higher loan defaults in Q4 2024 – CBN

The Central Bank of Nigeria revealed that lenders, including commercial banks and

Onwubuke Melvin Onwubuke Melvin

Cardoso warns banks on FX code violations

Central Bank of Nigeria Governor, Olayemi Cardoso, has issued a strong warning

Onwubuke Melvin Onwubuke Melvin

CBN sets January 31 deadline for FX market compliance reports

The Central Bank of Nigeria has instructed foreign exchange market participants to

Onwubuke Melvin Onwubuke Melvin

CBN urged to maintain inflation control measures

The World Bank Group has urged the Central Bank of Nigeria to

Onwubuke Melvin Onwubuke Melvin

CBN okays FX code to promote ethics

The Central Bank of Nigeria has officially approved the Nigerian Foreign Exchange

Onwubuke Melvin Onwubuke Melvin

CBN launches digital initiatives for transactions, document management

The Central Bank of Nigeria has launched two new digital initiatives—the Document

Onwubuke Melvin Onwubuke Melvin

CBN fines nine banks N1.35bn for cash shortage at ATMs

The Central Bank of Nigeria has imposed fines totaling N1.35 billion on

Alex Omenye Alex Omenye

Former CBN employees sue for reinstatement, compensation

Former employees of the Central Bank of Nigeria, who were dismissed in

Alex Omenye Alex Omenye

Corporate Tax, VAT drive federation account to N6.86tn – CBN

Receipts into the federation account increased by 7.48% to N6.86 trillion in

Onwubuke Melvin Onwubuke Melvin

1,000 CBN staff left voluntarily – Cardoso

The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said

Onwubuke Melvin Onwubuke Melvin

FG borrowings push money supply to N108.96tn – CBN

Driven by domestic borrowings from the private sector, Nigeria’s Broad Money Supply

Onwubuke Melvin Onwubuke Melvin
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