Tag
CBN
The CBN needs its independence to counter the executive's spending to ensure the nation’s economy is not destroyed by hyperinflation.
CBN has announced that the eNaira's next update would support DSTV renewals, recharge card purchases, air travel ticket payments, among others.
The CBN has warned Nigerian banks to be vigilant regarding transactions related to the Benin Republic.
The CBN has granted final approval for Airtel to operate a Payment Service Bank (‘PSB’) in Nigeria.
Bank credit to the Nigerian private sector rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new loans to the real sector in Q1 2022.
The Central Bank of Nigeria (CBN) stated that Nigerians' import dependency is the cause of the falling Naira.
Here are a few steps to take to draw the attention of the CBN to an unresolved complaint with your bank.
The CBN Governor has explained why the apex bank cannot freely float the exchange rate despite pressure from the World Bank and IMF.
The Central Bank of Nigeria (CBN) has responded to reports about a fire outbreak at its Makurdi, Benue State branch.
The World Bank has warned that import restrictions and the CBN foreign exchange policies are the main drivers of food inflation in Nigeria.
MTN Nigeria's final approval by the CBN to launch Momo Payment Service Bank marks the telecom company's entry into the banking business.
The BDC operators have attributed the widening exchange rate disparity to acute scarcity of dollars due to the continued suspension of forex sales to BDCs.