Central Bank of Nigeria

27 Days to Retirement of Old Naira Notes, Analysts Urge CBN to Intensify Awareness

They say new banknotes are scarce and facing rejection by market women, rural communities.

2 years ago

Nigeria’s Central Bank Sets January 2023 Deadline for Financial Institutions to Tighten Noose on Cybercrimes

The Central Bank of Nigeria (CBN) on Wednesday released the Risk-Based Cybersecurity Framework and Guidelines for Other Financial Institutions (OFIs),…

2 years ago

Nigeria: Banks, Others’ Borrowings from CBN Fell by 66% to N1.4trn in Four Months

Deposit money banks (DMBs and merchant banks borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) dropped…

3 years ago

In Line with CBN’s Directive, Nigerian Banks Expose Clients with Suspicious Dollar Transactions

In line with the resolve of the Central Bank of Nigeria (CBN) to halt a regime of arbitrage in the…

3 years ago

CBN Eyes $200bn from Fresh Non-Oil Exports

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday announced a new programme to stimulate…

3 years ago

Nigeria: CBN Governor Emefiele Inaugurates N500m Youth Entrepreneurs’ Scheme

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Thursday launched the apex bank's N500 million Tertiary…

3 years ago

Nigeria’s External Reserves Rise By  $587.8m in Seven Days

Nigeria's total amount of external reserves has increased by about $587.8 million in one week. According to the data published…

3 years ago

Nigeria: Central Bank Releases $200m to Banks to Quell FX Speculation

The Central Bank of Nigeria (CBN) on Tuesday released a total of $200 million to all commercial banks in the…

3 years ago

Nigeria’s Central Bank Targets October for Digital Currency Launch

The Central Bank of Nigeria (CBN) Thursday disclosed that its much-anticipated digital currency will be launched on October 1. CBN…

3 years ago

Nigeria’s Central Bank Restricts Sugar Importation to Dangote, BUA, FMN

The Central Bank of Nigeria (CBN) on Friday stated that sugar importation in the country can only be done by…

3 years ago

NATIONAL THEATRE PREPARES FOR RENOVATION

The Central Bank of Nigeria has handed over the National Theatre to the Bankers Committee. The move confirms the funding…

4 years ago