Relocated CBN staff to resume Lagos office February 2
The Central Bank of Nigeria’s redeployed staff, estimated at 1,533 or 36.22 per cent, are due to resume in the Lagos headquarters…
CBN
CBN clears $64.44m forex backlog for airlines
Bisola David The Central Bank of Nigeria has announced that it has fulfilled its commitment by clearing a $64.44 million backlog of foreign…
CBN releases additional $500m to clear FX backlog
The Central Bank of Nigeria has granted an additional $500 million to get rid of the verified FX backlog. According to The…
Inflation’ll drop to 21.4% in 2024 – CBN gov
The Governor of the Central Bank of Nigeria anticipates that headline inflation will decrease to 21.4 percent in 2024. This projection was…
CBN to host first MPC meeting under Yemi Cardoso
The Central Bank of Nigeria will hold its inaugural Monetary Policy Committee meeting on February 26th and 27th. Nairametrics reported that this…
Why CBN won’t print naira again – Budget minister
The Federal Government has stated that it will no longer permit the Central Bank of Nigeria to print money through Ways and Means…
CBN permits Access Holdings to create consumer lending subsidiary
Access Bank’s parent group, Access Holdings Plc, has acquired CBN approval in principle to establish its consumer lending subsidiary, Oxygen X Finance…
BVN registration hits 60.2m as CBN deadline nears
The number of people who have registered for a Bank Verification Number has risen to 60.2 million as of January 10, 2024. This…
CBN appoints new CEOs, MD for Union, Keystone, others
Following the Wednesday dissolution of the former board members, the Central Bank of Nigeria has appointed new board members for Union Bank,…
Emefiele: CBN reportedly fires Titan Trust, Union, other banks’ boards
The Central Bank of Nigeria on Wednesday, fired the boards of Titan Trust, Union Bank, Keystone Bank, and Polaris Bank. According to BusinessDay, the…
CBN fails to tackle spraying as cash scarcity bites harder
The traditional and cultural practice of spraying(spending) cash during parties in Nigeria has become increasingly challenging to control. A lot of Nigerians…
Emefiele: Your funds are safe, CBN assures Nigerians
The Central Bank of Nigeria has issued a strong affirmation regarding the security of funds within Nigerian banks, underscoring the…