As the yuletide season nears, Nigerian banks will need to curb their practice of selling cash to hawkers at parties as the Central Bank of Nigeria...
In celebration of one year in office, the Central Bank of Nigeria (CBN), under the leadership of Olayemi Cardoso, has recorded another milestone with an over...
The Central Bank of Nigeria (CBN) has said there is no deadline for the circulation of old naira notes as widely reported in some media on...
Amid growing challenges of maintenance delays and internet disruptions being faced by many of the commercial banks in Nigeria, the Central Bank of Nigeria (CBN) has...
The Central Bank of Nigeria (CBN) has disclosed that credit to the Federal Government increased by 57.11 percent to N31.15tn in August from N19.83tn reported in...
As investors seek higher returns and long-time maturities, the Central Bank of Nigeria (CBN) has raised a whooping N9.27 trillion worth of Nigerian Treasury Bills (NTBs)...
The Central Bank of Nigeria (CBN) has announced that remittance inflows in July 2024 surged to a record $553 million. This represents a 130% increase compared...
The persistent weakening of the naira and the volatility of the foreign exchange market have been attributed to the inconsistent dollar allocations by the Central Bank...
The Central Bank of Nigeria (CBN) has announced the commencement of a retail dollar auction to address the growing unmet foreign exchange (forex) demand. This move...
The Central Bank of Nigeria (CBN) has announced the reintroduction of the retail Dutch auction system, set to commence this Wednesday. The decision comes as the...