The Central Bank of Nigeria (CBN) has cautioned state governments against excessive dependence on overdrafts and short-term debt facilities as the apex bank intensifies preparations for...
Access Holdings Plc is preparing to reduce its ownership interests in some foreign subsidiaries following a new regulatory directive from the Central Bank of Nigeria (CBN) limiting...
Nigeria’s official foreign exchange market recorded a notable rise in trading activity in April with total turnover crossing the $10 billion mark as the naira showed...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has removed the requirement mandating international oil companies to retain a portion of their export proceeds in...
Investor participation in Nigeria’s Treasury bills market strengthened significantly at the latest primary market auction with total subscriptions climbing above N2.8 trillion. The Central Bank of...
The Central Bank of Nigeria (CBN) has signaled its readiness to intervene in the foreign exchange market to defend the naira if global market volatility triggered...
The Central Bank of Nigeria (CBN) has directed deposit money banks to adopt automated anti-money laundering monitoring systems within the next 18 months as part of...
The Central Bank of Nigeria (CBN) has announced that 30 commercial banks have met the revised minimum capital requirements under the ongoing banking sector recapitalisation programme....
The Central Bank of Nigeria (CBN) has added responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards to Nigeria’s foreign reserves, bringing...
Market participants are closely assessing the Central Bank of Nigeria’s liquidity posture as the release of January inflation figures approaches. The inflation outcome is expected to...