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CENTRAL BANK OF NIGERIA

News and analysis about Central Bank of Nigeria

About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria.
The CBN, in collaboration with other stakeholders in the banking industry, have established N1 billion Bankers’ Charitable Endowment Fund.
The Governor of CBN, Godwin Emefiele, has disclosed that the apex bank has been able to sustain the stability of the naira.
The month of November saw the Nigerian Stock Exchange (NSE) gain N204 billion after a shrink of N642 billion Octobr.
Policy measures to achieve $4 billion in non-oil exports revenue in 2020 are currently being put in place by the Central Bank of Nigeria (CBN).
LAPO Microfinance Bank has made changes to its management following the exit of Godwin Ehigiamusoe, its founder and CEO of LAPO NGO. 
The CBN has tasked Nigerians to patronise and encourage the production of Made-in-Nigeria products.
The CBN confirmed the external reserves stood at $39.8 billion, the first time it has dropped below $40 billion in almost two years.  
The CBN, FIRS and other government MDAs have flouted the 7-day ultimatum for the submission of audited reports issued by the Nigerian Senate.  
Ebonyi State workers may not receive salaries should they fail to activate their BVN, Ebonyi State Governor Dave Umahi has said.
The Nigerian government has reviewed its policy on stamp duty charges, levied on electronic payment.  
The CBN has disclosed that it is in talks with telcos and the NCC for new Unstructured Supplementary Service Data (USSD) charges.