CBN mulls new regulation to drive compliance by Nigerian fintechs
The Central Bank of Nigeria (CBN) has said it is working on a new regulation aimed at improving the level ...
Tag: CBN
CBN raises N284.26 billion from yield-hungry investors in latest T-Bills auction
The Central Bank of Nigeria (CBN) has raised N284.26 billion from yield-hungry investors in its latest Nigerian Treasury Bills (NTBs) ...
CBN halts price verification system 10 months after launch
The Central Bank of Nigeria (CBN) has officially discontinued its Price Verification System (PVS) portal just ten months after its ...
Fake news, rumours, and state of play at Polaris Bank
Rumours can wreak havoc. Deadly whispers and baseless news have toppled strong Banks in advanced countries like the United Kingdom, ...
Naira hits June low amid stronger dollar
The naira moderated by 71 basis points in the official market amid increased pressure from the U.S. dollar index, showing ...
EFCC secures final forfeiture of Emefiele’s $1.4 million allegedly domiciled in Titan Bank
EFCC has secured a final forfeiture order of the Federal High Court Lagos against a $1.4 million allegedly linked to ...
Only 7% of farming communities receive agricultural loans from banks in Nigeria – NBS
A recently released report by the National Bureau of Statistics (NBS) revealed that only 7% of farming communities report receiving ...
FX Crisis: Nigeria has already seen the worst of naira volatility, says Cardoso
The Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility ...
Exchange rate drops to N1,500.79/$1, lowest level since May
The naira has weakened further against the US Dollar, falling to N1,500.79/$1 on the official market on June 25, 2024.
FX Liquidity: Nigeria recorded “total inflow” of $24 billion in first quarter of 2024 – Cardoso
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that the country recorded a total foreign ...
