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

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

Banks' borrowing from CBN increased to N737.05 billion

Emefiele: Why we do not want to float the exchange rate

April 22, 2022

The CBN Governor has explained why the apex bank cannot freely float the exchange rate despite pressure from the World ...

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

CBN confirms fire incident at its Makurdi branch

by Ubah Jeremiah Ifeanyi

April 21, 2022

The Central Bank of Nigeria (CBN) has responded to reports about a fire outbreak at its Makurdi, Benue State branch.

World Bank, Focus on lifting people out of poverty - World Bank tells FG , World Bank, IFC to assist in solving Nigeria’s infrastructure deficit , EXCLUSIVE: World Bank tasks developing nations to tap opportunities in GVCs, Warning signs: Nigerians living in extreme poverty might increase by 30 million – World Bank, US, China and UK’s protectionism ambition to affect Nigeria’s export, FDI , Terrorism bane to Nigeria's Agric development - World Bank

World Bank blames CBN FX policy, import restrictions for Nigeria’s rising food inflation

by Ubah Jeremiah Ifeanyi

April 21, 2022

The World Bank has warned that import restrictions and the CBN foreign exchange policies are the main drivers of food ...

NCC, MTN’s parent company faults regulator’s recommendation for data price reduction, MTN Nigeria reacts to poor internet as network issues go beyond Nigeria , MTN yet to renew Universal Access License- NCC

What MTN’s MOMO PSB license means for financial services

by Ubah Jeremiah Ifeanyi

April 14, 2022

MTN Nigeria's final approval by the CBN to launch Momo Payment Service Bank marks the telecom company's entry into the ...

As Naira crashes to N545/$1, BDC operators urge CBN to collaborate

ABCON gives reasons for widening exchange rate disparity, increasing parallel market activities

by Chike Olisah

April 13, 2022

The BDC operators have attributed the widening exchange rate disparity to acute scarcity of dollars due to the continued suspension ...

Explainer: Why the CBN wants to pay N65 for every $1 at the I&E Window

by Ubah Jeremiah Ifeanyi

April 11, 2022

We highlight the rationale behind the apex bank's policy to give N65 rebate to exporters who sold their goods through ...

CBN grants final approval for MTN to start banking operations as Momo PSB

by Ubah Jeremiah Ifeanyi

April 11, 2022

The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited ...

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

CBN binds agreement between InfraCorp, asset managers for N15 trillion infrastructure fund

by Chike Olisah

April 8, 2022

The CBN has signed a binding agreement between InfraCorp and Independent Asset Managers to develop the country’s infrastructure.

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

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 ...

Tag: CBN