CBN

The Monetary Policy Committee of the Central Bank of Nigeria has retained the monetary policy rate at 12.5 percent. Governor of the Central Bank, Mr Godwin Emefiele announced ...

Food and nutrition security dominated discussions at the just concluded Senior Policy Seminar hosted by the African Economic Research Consortium (AERC), in partnership with the Central Bank of ...

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has continued in its efforts to support the Federal Government’s drive to achieve a 95 percent financial inclusion ...

The Central Bank of Nigeria (CBN) has introduced longer-term contracts on the naira in a move to attract more foreign inflows, shore up its dwindling dollar reserves and ...

The Central Bank of Nigeria (CBN) sold a total of $9.98 billion to authorized foreign exchange dealers in the fourth quarter of 2019. The data, extracted from the ...

President Muhammadu Buhari nominated Dr Kingsley Obiora as the new deputy governor of CBN on Thursday, January 16 – Obiora would replace the current occupier of the seat, ...

Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges. The bank commended the CBN for taking bold steps to ...

•CBN vows to investigate sharp practice Some commercial banks have designed means to avoid the recent slash in charges on withdrawal from Automated Teller Machines (ATM) by the ...

The Central Bank of Nigeria (CBN) has ruled out the possibility of devaluing the naira next year, expressing optimism that crude oil prices will remain stable in the ...

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 13.5%. Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, ...

NERC threatens directors with jail terms for false filings In line with its ongoing scrutiny of the operations of electricity distributions companies (Discos), the Nigerian Electricity Regulatory Commission ...

The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the ...

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has warned Deposit Money Banks (DMBs) against excessive investment in fixed securities to the detriment of ...

The Chartered Institute of Bankers of Nigeria (CIBN) is poised to enhance digital banking and financial inclusion for robust economic growth. Mr Peter Ashade, the Chairman, CIBN Lagos ...

From the Central Bank of Nigeria (CBN) and the Financial Institutions Training Centre(FITC), to the experts in the nation’s financial services sector, Financial Technology (Fintech) is not just ...

The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange (forex) Market after the transactions on Tuesday, July 30. ...

In line with the Central Bank of Nigeria’s (CBN’s) target of achieving 95 per cent financial inclusion rate by 2024, a Lagos-based financial services firm, Financial Derivatives Company ...

MTN Nigeria on Friday reported double-digit service revenue growth, with voice and data revenue up 11.4 percent and 31.7 percent respectively for the six months ended 30 June. ...

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, fielded questions from reporters at the end of a two-day meeting of the Monetary Policy Committee (MPC) in Abuja. ...

The Central Bank of Nigeria has issued licences to three new banks. According to an updated list made available on the apex bank’s website, the number of banks ...