The International Monetary Fund (IMF) has requested the Central Bank of Nigeria to reduce its credit intervention programmes over market distortion concerns,in the long run. The…
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The Central Bank of Nigeria (CBN) says it will begin issuing e-invoices to importers and exporters on February 1, 2022. This was made known by an…
Nigeria’s exchange rate management policies have been criticized by the World Bank as discouraging investment and fueling inflation The bank announced this in its November Nigeria…
Nigeria will on Monday launch a digital currency, the eNaira months after it barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies.…
Five top commercial banks in Nigeria have reportedly paid a total sum of N1.4bn as penalties to financial regulatory bodies in the first half of the…
The governor of the Central Bank of Nigeria, Godwin Emefiele on Thursday announced the sack of the entire members of the board of First Bank Holding…
The Central Bank of Nigeria (CBN) has updated the list of approved International Money Transfer Operators (IMTOs) for diaspora remittances. This was disclosed via the apex…
Central Bank of Nigeria, the country’s highest financial institution has introduced a new scheme called the Naira4Dollar Scheme to improve on its remittances from the diaspora.…
The Federal High Court sitting in Abuja, has ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of the 20 #EndSARS promoters. News…
The Central Bank of Nigeria, a few days ago issued a circular prohibiting banks and other financial institutions from carrying out transactions in cryptocurrencies or facilitating…