Nigeria’s foreign exchange (FX) reserves have shown a consistent rise, as indicated by recent data released by the Central Bank of Nigeria. As of June 20,…
Browsing: Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) has reassured the public about the safety of their deposits and the strength of the system. Hakama Sidi-Ali, the Acting…
The Nigeria Deposit Insurance Corporation (NDIC) has announced that 2.3 million depositors of Heritage Bank will receive their insured sum during the week. Bello Hassan, the…
Following the recent revocation of the operating licence of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there are no current plans…
The Central Bank of Nigeria (CBN) said that the 50% balance of the repatriated export proceeds may be sold to authorised dealers or eligible users of…
The Central Bank of Nigeria (CBN) has released guidelines to regulate the activities of Bureau de Change (BDC) operators in the country. In the circular released…
A few weeks ago, Nigerians were startled by a legislation that had largely escaped public awareness. This law, which has since undergone substantial amendment carries profound…
The President of Nigeria, Asiwaju Bola Ahmed Tinubu, has instructed the Central Bank of Nigeria (CBN) to halt the implementation of the cybersecurity levy policy. This directive follows…
The Lagos High Court, sitting in Ikeja, has postponed its decision on the application filed by former Governor of the Central Bank of Nigeria (CBN), Godwin…