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CBN
The Central Bank of Nigeria (CBN) urges bank customers to report ATM and branch cash withdrawal difficulties starting December 1, 2024, through designated state-specific phone numbers and email addresses.
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has revealed that the soon-to-be-introduced electronic FX matching system will address the disconnect between the current naira-to-dollar exchange rate and the naira’s true market value.
The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the CBN’s interest rate hike.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, asserted that the value of the naira has shown remarkable stability since June 2024, despite challenges in the global and domestic economic landscapes.
The Central Bank of Nigeria (CBN) has announced fresh guidelines for interbank foreign exchange (FX) trading via its...
The Central Bank of Nigeria (CBN) has once again raised its interest rate, increasing it by 25 basis points from 27.25% to 27.50%, in a bid to address the rising inflation in the country.
The National Identity Management Commission (NIMC) has explained that Nigerians will have to pay for the new multipurpose national Identity card to ensure that it is produced for only those who need it.
The Central Bank of Nigeria (CBN) has dismissed allegations suggesting that it is withholding foreign currency funds transferred to Nigerians' accounts.
The Central Bank of Nigeria (CBN) has issued a public notice warning Nigerians about the activities of fraudsters falsely claiming to possess award letters for contracts related to construction projects and special financial interventions purportedly issued by the Bank.
The Nigerian currency hit a multi-weekly low this week, demonstrating that CBN’s intervention and attractive fixed-income yields have not stopped the naira's decline.
The Central Bank of Nigeria (CBN) has announced stringent penalties for Deposit Money Banks (DMBs) found diverting cash to hawkers, as part of its ongoing efforts to ensure responsible currency distribution.
Nigerian businesses have conveyed an optimistic hiring outlook for November 2024, as reported in the latest Central Bank of Nigeria (CBN) Business Expectations Survey (BES) for October 2024.