CBN

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

CBN And Consistent Increase In MPR

The vision of the Central Bank of Nigeria (CBN) is to be the most efficient and effective of the world’s central banks in promoting and sustaining economic development. And the mission is

Arize Nwobu

1 week ago

Emefiele Owns 753 Duplexes In Abuja Estate Forfeited To EFCC – Sowore

EFCC Claims Largest Asset Recovery in Its History The Economic and Financial Crimes Commission (EFCC) has taken possession of a massive estate in Abuja linked to former Central Bank of Nigeria (CBN)

Emmanuel Ochayi

3 weeks ago

Cash Scarcity: CBN, Banks, PoS Operators Trade Blame

Opinion

Cash Scarcity: What’s CBN Hiding From Nigerians?

With the passage of time and events, we may not have to argue this anymore: Nigeria’s cash crises of late 2022 and early 2023 had serious effects on the living and the

MARCEL MBAMALU

1 month ago

Finance & Economy·Latest News

Financial Inclusion Key To Realising Nigeria’s $1trn Economy Target – Cardoso

Central Bank of of Nigeria (CBN) Governor, Dr Olayemi Cardoso, has stated that deepening financial inclusion is key to realising Nigeria’s $1 trillion economy target by 2030. Dr Cardoso stated this in

Victor Ezeja

1 month ago

Business·Currency·Latest News

Weak Naira: CBN Sells $543.5m To Boost FX Market

The Central Bank of Nigeria (CBN) has announced that it sold a total sum of $543.5 million to authorised dealer banks between 6 – 30 September 2024. According to a statement by

Victor Ezeja

3 months ago

Dollar’s Global FX Reserve Share Declines By 1.46% Amid Rising Diversification Efforts

Business·Latest News

Nigeria’s External Reserves Hit $37.31 Billion As Naira Weakens

Nigeria’s external reserves have risen to $37.31 billion, marking a 22-month high, yet the naira continues to weaken, showing no signs of recovery. External Reserves Reach 22-Month High Nigeria’s external reserves, the

Emmanuel Ochayi

3 months ago

Businesses Expect Inflation To Ease In 3 Months, Households Look Ahead To 6 Months — CBN

Business·Latest News

CBN Reduces Cybersecurity Levy On Electronic Transactions To 0.005%

Cybersecurity Levy Slashed by CBN The Central Bank of Nigeria (CBN) has made a significant reduction in the cybersecurity levy on electronic transactions, lowering the rate from 0.5% to 0.005%. This decision

Emmanuel Ochayi

3 months ago

Business·Latest News

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

CBN Maintains 5% Limit on Ways and Means Advances The Central Bank of Nigeria (CBN) has said it will cap its Ways and Means Advances to the Federal Government at 5% for

Emmanuel Ochayi

3 months ago

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business·Latest News

Nigeria’s Foreign Reserves Rise By $621.2 Million In 10 Days After Domestic Dollar Bond Sale

Nigeria’s Foreign Reserves See Significant Growth Nigeria’s foreign exchange reserves have risen by $621.2 million within 10 days, thanks to the successful sale of a domestic dollar bond. This growth has come

Emmanuel Ochayi

3 months ago

Business·Latest News

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

CBN Mandates PoS Transaction Tracking Across Nigeria The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers (PSPs) to track and manage every Point of Sale

Emmanuel Ochayi

3 months ago

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CBN And Consistent Increase In MPR

Emefiele Owns 753 Duplexes In Abuja Estate Forfeited To EFCC – Sowore

Cash Scarcity: What’s CBN Hiding From Nigerians?

Financial Inclusion Key To Realising Nigeria’s $1trn Economy Target – Cardoso

Weak Naira: CBN Sells $543.5m To Boost FX Market

Nigeria’s External Reserves Hit $37.31 Billion As Naira Weakens

CBN Reduces Cybersecurity Levy On Electronic Transactions To 0.005%

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

Nigeria’s Foreign Reserves Rise By $621.2 Million In 10 Days After Domestic Dollar Bond Sale

CBN Orders PoS Transaction Tracking, Sets 30-Day Deadline For Payment Providers

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