Report shows banks’ daily borrowing hit ₦216 billion
Merchants and Commercial Banks’ average daily loan requests from the Central Bank of Nigeria's Standing Lending Facility (SLF) stand at ...
Tag: Central Bank of Nigeria CBN
CBN extends implementation date for the new USSD framework
Sequel to an earlier order by the Central Bank of Nigeria (CBN) directing deposit money banks, mobile money operators, payment ...
Why Adelabu, CBN Deputy Governor resigned.
The President has formally accepted the disengagement of Adebayo Adelabu, Deputy Governor, Central Bank of Nigeria (CBN) in charge of ...
Mobile Money operator, Paga wins NIBSS award.
Mobile Money operator, Paga, has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBSS) for the mobile ...
CBN sustains FX intervention with fresh $210 million injection
In its bid to increase forex liquidity and prevent dollar shortages, the Central Bank of Nigeria (CBN) announced that it had ...
CBN vows to sanction banks that sell dollar above N360
The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has warned banks against selling dollars to eligible travelers ...
Bureaux de Change operators kick against CBN’s new forex policy
Bureaux de Change (BDCs) operators have rejected the order by the Central Bank of Nigeria (CBN) directing BDCs operators to make ...
CBN explains why 41 items remains banned under the Nigeria-China currency swap deal.
The Central Bank of Nigeria (CBN) has disclosed that the new Nigeria-China currency swap deal would not cover the importation of the ...
CBN says banks will repay excessive charges on customers with interest
Sequel to repeated complaints from bank customers of excessive charges by their banks on withdrawals from Automated Teller Machine (ATM), ...
CBN reveals how much Nigeria spends on fuel importation
The Central Bank of Nigeria CBN has revealed that a total of $36.371billion was spent on the importation of petroleum ...
