The Socio-Economic Rights and Accountability Project (SERAP) has given the Central Bank of Nigeria (CBN) 48 hours to reverse the recent hike in Automated Teller Machine…
Browsing: Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has approved the inclusion of the CFA Franc in the Nigeria Export Proceed (NXP) forms, a move that streamlines the…
The Central Bank of Nigeria (CBN) has failed in its attempt to dismiss a Freedom of Information (FOI) suit requesting details of demonetised coins. The Court…
Cash has remained scarce across the geopolitical regions of Nigeria, in spite of the Central Bank of Nigeria instructing deposit cash banks to protect against artificial…
Nigeria saw a significant drop in oil imports in Q2 2024, with figures falling by 35% to $2.79 billion, down from $4.31 billion in Q1, according…
Nigeria is considering issuing a diaspora bond in the United States to strengthen its ties with Nigerian expatriates and increase remittance inflows to $1 billion per…
Despite earlier predictions of a decline, Nigeria’s FX reserves rose to $35.93 billion as of July 18th, an increase of $160 million from the previous day’s…
The Central Bank of Nigeria (CBN) has announced its ongoing commitment to implementing robust policies to address cybersecurity challenges and promote innovation, ensuring the stability and…
On Tuesday, the Central Bank of Nigeria (CBN) instructed Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOs) to pay all diaspora remittances in Naira…
The number of bank loans through credit facilities in Nigeria increased to N3.82 trillion in January 2024 amidst escalating inflation and challenging economic conditions, as reported…