FG releases list of licensed Deposit Money Banks
The Central Bank of Nigeria has unveiled a comprehensive roster of licensed Deposit Money Banks currently operating within the country, shedding light…
CBN
CBN suspends cash deposits charges till September 30
Banks have been instructed by the Central Bank of Nigeria to stop charging for cash deposits until September 30th, 2024. This was…
CBN clears air on education, petroleum tax for cash pooling settlement
The Central Bank of Nigeria has revised its directive on the repatriation of export proceeds by international oil companies. This was disclosed…
CBN impose 0.5% Cybersecurity Levy on electronic transfers
The Central Bank of Nigeria has directed the banks in the country to start charging a 0.5 per cent cybersecurity levy on…
CBN gov blames huge palliatives purchase for food price hike
The Governor of Central Bank of Nigeria, Olayemi Cardoso has said that government purchases of palliatives are a contributing factor to rising…
$2.4bn of total forex claims false, says CBN
The Deputy Governor of Corporate Services at the Central Bank of Nigeria, Mohammed Bello, has disclosed that about $2.4 billion out of…
PR crucial for Nigeria’s economic growth, says Cardoso
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has stated that Public Relations is an essential instrument for any country…
CBN raises Customs rates for cargo clearance by 14%
The Central Bank of Nigeria has again announced a hike in the exchange rate for paying import duty by 14 per cent.…
FG borrows additional N3.8trn from CBN in six months
The Federal Government of Nigeria acquired an additional N3.8 trillion through what appears to be fresh Ways and Means Borrowing within the…
FG borrows additional N3.8trn from CBN in six months
The Federal Government in what appears to be Ways and Means has received an additional N3.8 trillion in the last six months.…
CBN’s moves to stabilise naira commendable – Osun cleric
The aggressive policies introduced by the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to stabilise the naira have been commended…
CBN sells dollars to BDCs at N1,021/$ as naira falls
The Central Bank of Nigeria has issued a circular to all Bureau De Change operators, detailing a new initiative to directly sell…