Central Bank Asks Banks to Stay Abreast Frauds and Rising COVID-19 Financial Crimes The Central Bank of Nigeria has directed all financial institutions in Nigeria to...
CBN Tells Small Businesses to Disregard Text Messages and Videos of Fraudulent Loans, Investment Schemes The Central Bank of Nigeria on Thursday warned Nigerians against the...
Foreign Reserves Rose by Over $200 Million to $36 Billion after London Commerce Court Returned P&ID Nigeria Case’s Security Fund The Central Bank of Nigeria on...
CBN Says COVID-19 and Insecurities Slow Down Financial Inclusion Program for 2020 A report released on Monday by the Central Bank of Nigeria and the Enhancing...
CBN Stimulates the Economy With N3.5 Trillion as COVID-19 Impact Thickens The Central Bank of Nigeria on Tuesday said it has so far injected N3.5 trillion...
Deposit Money Banks Credit to Economy Rose to N19.33 Trillion in August The total credit facility to the economy rose to N19.33 trillion in the month...
CBN-Led Monetary Policy Reduces Benchmark Interest Rate to 11.5% The Central Bank of Nigeria led Monetary Policy Committee (MPC) on Tuesday lowered the official interest rate...
CBN Commences Investigation into FX Activities of 55 Companies, Individuals In an effort to ease foreign exchange pressure and better manage the dwindling foreign reserves, the...
CBN Says Deposit Money Banks Must Improve Credit to Agriculture Sector by 6 Percent to 10 Percent The Central Bank of Nigeria has said deposit money...
Naira Declines to N443/US$ Despite Forex Sales The Central Bank of Nigeria has resumed its intermittent forex intervention on Monday after suspending the program in early...