CBN Announces Deadline for FX Code Compliance Reporting
The Central Bank of Nigeria (CBN) has issued a directive requiring all…
CBN to Launch Nigerian Foreign Exchange (FX) Code
The Central Bank of Nigeria (CBN) has taken a significant step toward…
CBN Fines Nine Banks ₦150m Over ATM Cash Shortages
In a bold move to reinforce its cash circulation policies, the Central…
Nigeria’s Economy Grew In Q3 2024, CBN Reports
The Central Bank of Nigeria (CBN) attributed this steady expansion to improvements…
CBN Unveils Comprehensive Guidelines for Foreign Exchange Market Reforms
In a significant move to overhaul Nigeria’s foreign exchange (FX) operations, the…
Nigeria’s External Reserves Reach 22-Month High at $37.31bn, Says CBN
Nigeria’s external reserves have surged to a 22-month high of $37.31 billion,…
CBN Set to Expand eNaira for Government Payments and MDA Transactions
The Central Bank of Nigeria (CBN) has announced plans to expand the…
CBN Infuses N700 Billion to Support Unity Bank and Providus Bank Merger
The package consists of a 20-year term loan specifically designed to support…
Central Bank to Reintroduce Retail Dutch Auction System (rDAS) to Address Forex Shortage
The Central Bank of Nigeria (CBN) has announced its plan to implement…
CBN Pledges Support for $1 Trillion Economy Target Through Recapitalisation
These initiatives include addressing institutional deficiencies, restoring corporate governance, strengthening regulations, and…