In an effort to improve access to foreign exchange and facilitate invincible forex transactions, the Central Bank of Nigeria (CBN) has decentralised access to Form A...
Experts have said that the Nigerian power sector would have since collapsed due to illiquidity, but for the timely financial interventions made by the Central Bank...
CBN Governor Godwin Emefiele said that the policy would take prospective beneficiaries through a process of scrutiny before they would be deemed eligible for the loan.
President Muhammadu Buhari, in a statement signed by the Presidential spokesperson, Mr. Femi Adesina and made available to the media at the unveiling of Nigeria’s Central...
Following Vice President Yemi Osinbajo suggestions that the Central Bank of Nigeria (CBN) should rethink its present forex policy that encourages arbitrage and corruption and allow...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has reiterated that the central bank is working toward achieving double-digit economic growth and single-digit inflation...
The Central Bank of Nigeria (CBN) has directed deposit money banks to freeze all the bank accounts associated with AbokiFX and its owner, Oniwinde Olusegun Adedotun,...
The Central Bank of Nigeria (CBN) has said the Central Bank Digital Currency (CBDC), eNaira, will strengthen the Nigerian banking system and protect Nigerians from the...
In a recent press statement, the Central Bank of Nigeria (CBN) stated its plans to launch its Central Bank Digital Currency (CBDC) pilot scheme called the...
The Central bank of Nigeria (CBN) has prohibited Microfinance Banks (MFBs) from executing foreign exchange transactions, citing concerns about their financial capability to handle such. This...