The Central Bank of Nigeria (CBN) has stated that the old naira notes remain legal tender and will not cease to be on December 31, 2024...
The Central Bank of Nigeria (CBN) has withdrawn a controversial Monetary, Credit, Foreign Trade and Exchange Policy Guidelines publication it introduced recently. The publication which was...
The Central Bank of Nigeria (CBN), says it has reduced the cybersecurity levy on electronic transactions from 0.5 per cent to 0.005 percent in its new...
…as money in circulation hit N4trn Growing erosion of confidence in the banking sector occasioned by cash withdrawal limits and other disincentives to banking is triggering...
Nigerian Federal Government’s fiscal deficit increased month-on-month (MoM) by 0.1 percent to N824.79 billion in April from N823.91 billion in March, according to the Central Bank...
–Experts raise fresh inflation, debt fears Recent decision by the Senate and House of Representatives to increase the limit within which the Federal Government can borrow...
The Central Bank of Nigeria (CBN) in a bid to reduce demand pressure in the FX market and promote price discovery undertook the sale of foreign...
The Central Bank of Nigeria (CBN) sold foreign currencies worth $106.5 million to authorised dealers on Thursday and Friday. CBN which disclosed this in a statement...
Borrowings by banks from the Central Bank of Nigeria (CBN) Standing Lending Facility (SLF) rose Year-on-Year by 458.2 percent to N57.5 trillion in the first...