CBN warns Nigerian banks to be vigilant of transactions related to the Benin Republic
The CBN has warned Nigerian banks to be vigilant regarding transactions related to the Benin Republic.
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
CBN grants Airtel final approval for full Payment Service Bank licence
The CBN has granted final approval for Airtel to operate a Payment Service Bank (‘PSB’) in Nigeria.
Nigeria’s private sector receives N1.18 trillion new loans from banks in Q1 2022
Bank credit to the Nigerian private sector rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new ...
CBN blames falling Naira on Nigerians’ import dependency
The Central Bank of Nigeria (CBN) stated that Nigerians' import dependency is the cause of the falling Naira.
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 ...
Emefiele: Why we do not want to float the exchange rate
The CBN Governor has explained why the apex bank cannot freely float the exchange rate despite pressure from the World ...
What MTN’s MOMO PSB license means for financial services
MTN Nigeria's final approval by the CBN to launch Momo Payment Service Bank marks the telecom company's entry into the ...
ABCON gives reasons for widening exchange rate disparity, increasing parallel market activities
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
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
The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited ...
