Central Bank of Nigeria interest on government overdraft plummets to N3.1 billion amid policy shift
The Central Bank of Nigeria (CBN) earned N3.1 billion as interest on the Federal Government’s …
Central Bank of Nigeria
Central Bank of Nigeria returns to profit in 2024 amid strengthened reserves, strategic reforms
The Central Bank of Nigeria (CBN) has posted a strong financial performance for 2024, marking a …
byCherriton David
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Nigeria’s External Reserves Grew By 5.6% To $38.8bn In 2024 — Central Bank of Nigeria
The apex bank disclosed this in its recently released consolidated and separate financial statem…
byCherriton David
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Naira depreciates by 0.34% against dollar at official market
The Naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar.Dat…
byCherriton David
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Central Bank of Nigeria slams N250m fine on Paystack over regulatory breach in wallet operations
The Central Bank of Nigeria (CBN) has imposed 250 million (approximately $190,000) fine on Ni…
byCherriton David
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Nigeria’s Central Bank fined Paystack ₦250M For Zap Licencing Breach
Nigeria’s Central Bank has fined Paystack, one of the country’s most prominent fintech companie…
byCherriton David
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Central Bank of Nigeria Grants Final Approval For New Finance Firm To Operate In Nigeria
The Central Bank of Nigeria (CBN) has granted final approval to Ascensia Finance Company Limited…
byWilfrey Morena
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Nigeria posts $6.83bn balance of payments surplus in 2024 — Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 b…
byCherriton David
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Central Bank of Nigeria spent $669m to defend Naira in Q1 2025
The Central Bank of Nigeria (CBN) deployed approximately $669 million in foreign exchange inte…
byCherriton David
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Circular introducing new N5,000 and N10,000 notes is fake — Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has disowned a circular claiming the introduction of two new…
byWilfrey Morena
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Central Bank of Nigeria speaks on alleged introduction of N5,000, N10,000 banknotes
The Central Bank of Nigeria (CBN) has debunked claims that it introduced N5,000 and N10,000 ban…
byCherriton David
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Central Bank of Nigeria Raises N2.72 Trillion in Treasury Bills In Two Months Amid Tightened Monetary Policy
The federal government, through the Central Bank of Nigeria (CBN), raised N2.72 trillion worth…
byWilfrey Morena
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Central Bank of Nigeria retains interest rate at 27.5%
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, as its benchmark…
byCherriton David
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Dormant accounts in Nigerian banks hit N19.69m amid Central Bank of Nigeria’s renewed policies measures
According to the dormant account database released by the Nigeria Inter-Bank Settlement System, …
byCherriton David
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Central Bank of Nigeria orders banks to publish details of dormant accounts, unclaimed balances
Central Bank of Nigeria (CBN) has instructed all banks and financial institutions to publish det…
byLinda Patrick
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Central Bank of Nigeria to sanction banks with ATM withdrawal limit below N20,000
The Central Bank of Nigeria (CBN) has warned that it will sanction banks that restrict Automat…
byWilfrey Morena
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Central Bank of Nigeria increases ATM transaction fees
The Central Bank of Nigeria (CBN) has announced a review of ATM transaction fees, with the chang…
byCherriton David
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Central Bank of Nigeria restricts BDCs to $25,000 Fx weekly and one dealer bank
The Central Bank of Nigeria (CBN) released new guidelines which permits Bureau de Change (BDC)…
byCherriton David
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Central Bank of Nigeria approves CFA for repatriation of export proceeds
The Central Bank of Nigeria (CBN) has approved the inclusion of the CFA franc on Nigeria's…
byWilfrey Morena
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CBN Calls #EndSARS Campaigners Terrorists As It Justifies Freezing Of Accounts To Court
The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling …
byLinda Patrick
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