CBN grants six-month extension for BDCs recapitalisation
The Central Bank of Nigeria has extended the deadline for Bureaux De…
CBN to raise interest rate, analysts predict
The Monetary Policy Committee of the Central Bank of Nigeria is expected…
28m Nigerians lack access to formal financial services – CBN
The Central Bank of Nigeria announced on Tuesday that despite a significant…
Oil imports fall by 35% in Q2 – CBN
Nigeria's oil imports saw a significant decline of 35% in the second…
CBN unveils guidelines for FX deposit scheme
The Central Bank of Nigeria has released official guidelines for banks on…
Avoid forex auction interventions, W’Bank advises CBN
The Central Bank of Nigeria has been advised against intervening in the…
IFC, CBN partner to boost local currency financing
The International Finance Corporation has partnered with the Central Bank of Nigeria…
CBN optimistic of securing $12bn in diaspora remittances
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, announced…
Old naira notes remain legal tender beyond 2024 – CBN
The Central Bank of Nigeria has addressed concerns regarding the old series…
Reps calls for gradual withdrawal of old naira notes
The House of Representatives has urged the Central Bank of Nigeria to…
CBN disburses N1.73tn for food imports in six months
The Central Bank of Nigeria in the second quarter of 2024 allocated…
FG eyes 5% tax on telecommunications, other services
The Federal Government of Nigeria has proposed a five per cent excise…