Tag: CBN

The CBN, in its latest policy, said the inclusion of social media handles in the “Know Your Customer” details will ...

Mr Danbatta said as of May, active voice subscriptions in Nigeria reached 221.3 million, while internet subscriptions rose to 159.6 ...

The CBN’s policy committee’s relevance to the ongoing fight against rising domestic prices means it is no less important a ...

The CBN said the initiative would strengthen customer due diligence measures and combat money laundering and terrorism financing.

The CBN disclosed this in a press statement after deliberating at an extraordinary Bankers’ Committee meeting

In 2015, the Central Bank classified 43 items as “Not Valid for Foreign Exchange”

Naira weakened further on the official market to trade at N702.19 per $1 on Thursday.

The apex bank also announced the abolition of the RT200 programme and the naira4dollar remittance scheme on 30 June.

Naira touched an all-time low at the official market to trade at N664.04 per $1 on Wednesday

That Mr Emefiele remains head of the Central Bank simply underscores the difficulty that we have had as a country ...

The apex bank described reports of devaluation as “falsehoods”

Buhari rode to power on the crest of tremendous goodwill amid the failures of his predecessor.

The CBN says upon completion of the learning course on the platform, learners will qualify as Certified Financial Literacy Trainers ...

Over the years, different organisations have reiterated that the ‘ways and means’ advances significantly impact devaluation and inflation, as they ...

"The World Bank estimates that the lack of reliable power costs the Nigerian economy over $26.2 billion (N10.1 trillion) which ...

The CBN governor, Godwin Emefiele, announced this Wednesday after the bank’s Monetary Policy Committee (MPC) meeting that began Tuesday.

The CBN Governor, Godwin Emefiele, revoked the licenses in the exercise of the powers conferred on the Central Bank of ...

Mrs Ahmad says the launch of #SabiMONI is a powerful example of effective policy coordination and impactful public-private partnerships.

The ultimate aim of monetary and fiscal policy is to establish a steady and favourable economic climate with consistent growth ...

The confirmation followed the adoption of the report of Senate Committee on National Planning and Economic Affairs.

The bank described the speculation as unfounded and an attempt by some interests to cause panic among the public.

Mr Abdulmumin said the CBN bank was committed to supplying the “approved indent” for the smooth running of the economy.

Mr Yakubu, through his counsel, Ahmed Raji, filed the suit before Justice Inyang Ekwo of a Federal High Court, Abuja.

Central Bank of Nigeria (CBN) Escheat arrangements set up the sovereign as natural heir in transactions between domestic entities that ...

The fraudulent website lists requirements for eligibility to include, among other qualifications, the possession of a Bank Verification Number (BVN).