The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) regarding cash hoarding and diversion, cautioning that such actions will…
Browsing: CBN
Justice Joyce Abdulmalik of Nigerian High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to cease further disbursements of monthly financial allocations to…
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with the Central Bank of Nigeria (CBN) to enhance local…
The Central Bank of Nigeria (CBN) has urged Nigerians to ignore claims that the old naira notes will no longer be legal tender after December 31,…
The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is showing signs of stabilisation, partly due to recent interest rate hikes. In…
The Nigeria Customs Service (NCS) reported a revenue collection of N4.28 trillion from January to September 2024, marking a 33% increase from the N3.21 trillion collected…
The Central Bank of Nigeria (CBN) disbursed $547.7 million (equivalent to N823.19 billion at the official exchange rate of N1,503.3/$1 as of June 30, 2024) for…
Panelists at the just concluded Moonshot event organised by Tech Cabal have said that the approval of the Central Bank of Nigeria (CBN) is needed for…
Economic and investment analyst Tilewa Adebajo has asserted that Nigeria’s Ways and Means facility should not exceed N1.5 trillion. In contrast to President Bola Ahmed Tinubu’s…
The Central Bank of Nigeria (CBN) has once again reassured Nigerians that there is no need to panic because it has implemented policies that will ensure…