CBN says Nigeria not reaping benefits of rising oil price
The CBN has indicated that the recent increase in oil prices does not equate to higher revenue nor does it ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
How FG plans to end N500 billion annual medical tourism – Lai Mohammed
The Minister stated that funding from the FG into private healthcare will also make Nigeria a location for global medical ...
CBN says eNaira’s next update would support DSTV, Air travel and USSD transactions
CBN has announced that the eNaira's next update would support DSTV renewals, recharge card purchases, air travel ticket payments, among ...
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.
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 ...
