The Central Bank of Nigeria, CBN, yesterday, said it will suspend the dealership license of any Bureau de Change (BDC) or Authorised Dealer banks that divert...
The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in December 2024. The CBN Governor,...
The Central Bank of Nigeria, CBN, has released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate risks following various positive transformations in the...
The Central Bank of Nigeria (CBN) has announced the launch of two new account types targeted at Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account...
The Central Bank of Nigeria (CBN) has disclosed that the country’s external reserves, now standing at $42.01 billion, are sufficient to finance the importation of goods...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton Woods at 80 Forum, where he represented Africa’s interests on...
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment Outwards System. The NIBSS...
The Senate has expressed concerns over an annual loss of $500 million to various forms of cybercrime across the country. It warned that if the national...
Thirteen political parties out of the 18 political parties in Nigeria on Monday threatened to withdraw from participating in the 2023 general elections slated for February...