CBN

CBN’s Covid Interventions Account for 3.5% of Nigeria’s GDP, Emefiele Says

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that the apex bank’s interventions to…

3 years ago

Nigeria’s Central Bank Chief Emefiele Woos Foreign Investors with Prospects

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has called on Nigerians in the diaspora and other foreign investors…

3 years ago

Nigeria: No Plan to Convert Domiciliary Accounts to Naira, CBN Insists

The Central Bank of Nigeria (CBN) has again dispelled speculations that it was planning to convert the foreign exchange (FX)…

3 years ago

Nigeria: How Bitt Emerged CBN’s Technical Partner on Digital Currency

Fresh facts have emerged about the process leading to the Central Bank of Nigeria’s (CBN) formal engagement of global fintech…

3 years ago

Nigeria: CBN Directs Banks to Reveal Names, BVN of Forex Defaulters

The Central Bank of Nigeria (CBN) has directed banks to publish names of customers who try to break the rules…

3 years ago

CBN Freezes Bank Accounts of Bamboo, Risevest, Two Other Fintechs for FX Infractions

  The Central Bank of Nigeria has ordered the freezing of bank accounts belonging to some Nigerian online investment and…

3 years ago

e-Naira Will Be Protected from Cybersecurity Risks, Central Bank Assures

The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a…

3 years ago

Nigeria: CBN Bars Payment Service Holding Companies from Accessing Bank Loans

The Central Bank if Nigeria (CBN) has barred the proposed Payments Service Holding Companies (PSHC) from borrowing from the Nigerian…

3 years ago

Nigeria: Central Bank Advocates Private Sector Funding to Tackle 22m Housing Deficit

The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to redress the…

3 years ago

Nigeria Plans to Launch Digital Currency Before December

The Central Bank of Nigeria (CBN) has unveiled plans to launch a digital currency before December. The Director, Information Technology,…

3 years ago

Nigeria: CBN Reinstates First Bank MD, Sacks Directors, Names New Board

[bc_video video_id="6251101048001" account_id="6116119081001" player_id="default" embed="in-page" padding_top="56%" autoplay="" min_width="0px" playsinline="" picture_in_picture="" max_width="640px" mute="" width="100%" height="100%" ] The Central Bank of Nigeria…

4 years ago

Nigeria Leaves Monetary Policy Rate Unchanged at 11.5%

The Central Bank of Nigeria left its monetary policy rate unchanged at 11.5% during its last meeting for the year.…

4 years ago