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Naira Redesign: CBN launches cash swap scheme for rural communities

byWilliam Ukpe

January 21, 2023

COVID-19: FG to screen visitors to Nigeria with Rapid Diagnostic Test as cases rise in China

January 10, 2023

Circulars

CBN stops access to discount window on auction days

October 8, 2022

Circulars

Shell Nigeria is inviting students to apply for its Industrial Training Programme 2022

October 2, 2022

Home Category Economy Macro-Economic News Circulars

Circulars

Regulatory Circulars

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

Circulars

CBN increases minimum bid for Non-Interest Asset-Backed Securities from N1million to N100million

byUbah Jeremiah Ifeanyi

June 13, 2022

The CBN has increased the minimum bid for non-interest asset-backed securities to N100,000,000 from N1,000,000...

Circulars

CBN raises online transfer limit to N25 million and N250million for individuals and companies respectively

byUbah Jeremiah Ifeanyi

June 3, 2022

This revision would take effect on the operations of the NIBSS Instant Payments System and other Electronic Payment Options with...

CBN denies suspending accounts of Fintech firms, OPAY, PALMPAY, says its fake news

Circulars

CBN issues final guidelines on Bank Neutral Cash Hubs

byUbah Jeremiah Ifeanyi

June 3, 2022

The CBN has issued the final draft of guidelines for setting up Bank Neutral Cash Hubs (BNCHs).

Circulars

CBN set criteria for Other Financial Institutions’ enrolment in Credit Risk Management System

byUbah Jeremiah Ifeanyi

May 25, 2022

The CBN has stated that OFIs must meet certain requirements set by the apex bank to be enrolled in the...

How social media reacted to the CBN crypto ban

Circulars

MPC: CBN mute on cryptocurrency despite SEC regulation of digital assets

byUbah Jeremiah Ifeanyi

May 24, 2022

The CBN has remained mute on cryptocurrency despite Nigeria's Securities and Exchange Commission issuing cryptocurrency regulations.

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

Circulars

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

byUbah 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

byUbah 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

byUbah 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

byUbah 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

bySamuel Oyekanmi

April 7, 2022

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

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Naira Redesign: CBN launches cash swap scheme for rural communities

COVID-19: FG to screen visitors to Nigeria with Rapid Diagnostic Test as cases rise in China

CBN stops access to discount window on auction days

Shell Nigeria is inviting students to apply for its Industrial Training Programme 2022

Circulars

Regulatory Circulars

CBN increases minimum bid for Non-Interest Asset-Backed Securities from N1million to N100million

CBN raises online transfer limit to N25 million and N250million for individuals and companies respectively

CBN issues final guidelines on Bank Neutral Cash Hubs

CBN set criteria for Other Financial Institutions’ enrolment in Credit Risk Management System

MPC: CBN mute on cryptocurrency despite SEC regulation of digital assets

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

Recent News

Recent News

FBN Holdings explains why 2022 results was not released on March 31st

Buhari approves July 28 as new date for conclusion of deep offshore oil block mini-bid round activities