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CBN halts extension of export proceeds repatriation for exporters

by Tobi Tunji

January 9, 2025

Circulars

New CBN circular clarifies existing rule on certificate of capital importation for forex repatriation, divestment

August 9, 2024

Circulars

FG to sell $500 million dollar-denominated bonds, targets 200% subscription

August 7, 2024

Breaking News

CBN to sell $20,000 to each BDC at N1,450/$1

July 18, 2024

Home Category Economy Circulars

Circulars

Regulatory Circulars

Redesigning or sensitizing; what's the way to go?

Circulars

CBN issues guidelines for Open Banking in Nigeria to enhance financial services

by Ubah Jeremiah Ifeanyi

May 19, 2022

The CBN has issued a regulatory framework for Open Banking in Nigeria in its efforts to enhance data sharing across...

CBN forex restrictions on food itemsCBN approves new cheque standard for banks, Banks complex documentation makes it harder to access foreign exchange for Nigerians

Circulars

CBN warns Nigerian banks to be vigilant of transactions related to the Benin Republic

by Ubah Jeremiah Ifeanyi

May 5, 2022

The CBN has warned Nigerian banks to be vigilant regarding transactions related to the Benin Republic.

Circulars

Tired of bank issues, here is how to report your bank to the CBN

by Ubah Jeremiah Ifeanyi

April 25, 2022

Here are a few steps to take to draw the attention of the CBN to an unresolved complaint with your...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Circulars

CBN fines 3 more Nigerian banks N514 million for facilitating cryptocurrency transactions

by Ubah Jeremiah Ifeanyi

April 8, 2022

The Central Bank of Nigeria has fined First City Monument Bank (FCMB), Fidelity Bank Plc and Wema Bank a whopping...

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

Circulars

CBN extends interest rate forbearance by one more year

by Samuel Oyekanmi

April 7, 2022

The CBN has extended the interest rate forbearance it grants to borrowers of some of its intervention funds by one...

CBN health intervention fund gets new interest rate by March 2012, Nigerian banks’ non-performing loans drop significantly by 41% in 2019, External reserves decline by over 8% in 3 months, Nigeria’s external reserves increase by $1.36 billion in 13 days

Circulars

CBN fines Nigerian Banks N800 million for facilitating cryptocurrency transactions

by Ubah Jeremiah Ifeanyi

April 6, 2022

The CBN has fined 3 commercial banks a total of N800 million for failing to comply with regulations prohibiting cryptocurrency...

Circulars

Why court struck out case against CBN cashless policy

by Justina Mboho

April 5, 2022

The action of the Apex Bank culminating in the issuance of the cashless policy and its implementation can be said...

Senate accuses CBN of default payment, CBN says it’s a lie

Circulars

CBN warns Nigerians against Illegal Financial Operators

by Ubah Jeremiah Ifeanyi

April 5, 2022

The CBN has warned Nigerians against engaging with illegal and unregistered financial operators who entice members of the public with...

Circulars

CBN threatens banks with 400% penalty for circulation of mutilated banknotes

by Chike Olisah

April 3, 2022

The CBN has warned banks against the practice of circulating composed banknotes which is part of their deposits with the...

The appetite for foreign goods is destroying the Naira-CBN, Nigeria's high Inflation would reduce value of Naira- CBN

Circulars

CBN issues guidelines for Credit Guarantee Schemes

by Ubah Jeremiah Ifeanyi

March 29, 2022

The CBN has released a guideline Credit Guarantee Schemes to solve the challenge of limited access to credit by MSMEs.

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CBN halts extension of export proceeds repatriation for exporters

New CBN circular clarifies existing rule on certificate of capital importation for forex repatriation, divestment

FG to sell $500 million dollar-denominated bonds, targets 200% subscription

CBN to sell $20,000 to each BDC at N1,450/$1

Circulars

Regulatory Circulars

CBN issues guidelines for Open Banking in Nigeria to enhance financial services

CBN warns Nigerian banks to be vigilant of transactions related to the Benin Republic

Tired of bank issues, here is how to report your bank to the CBN

CBN fines 3 more Nigerian banks N514 million for facilitating cryptocurrency transactions

CBN extends interest rate forbearance by one more year

CBN fines Nigerian Banks N800 million for facilitating cryptocurrency transactions

Why court struck out case against CBN cashless policy

CBN warns Nigerians against Illegal Financial Operators

CBN threatens banks with 400% penalty for circulation of mutilated banknotes

CBN issues guidelines for Credit Guarantee Schemes

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Resident doctors begin three-day warning strike over poor working conditions, unpaid allowances

Google to invest $1 billion more in Anthropic

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