Tag: CBN

Ahmed Umar, director of the currency operations

The lawmakers say injecting low denominations and coins into the economy will go a long way in curbing price inflation ...

The NCC says attackers now target telecom networks with intentions to disrupt service delivery and infiltrate their data bank.

The country's production rose 16 per cent in 2021 above the production level in 2020 at a time concerns are ...

Hundreds of thousands of graduates who had taken part in the scheme had complained of a lack of exit plan ...

The new policy is bound to lead to scarcity of goods in the country and will trigger inflation, they warned.

“It takes over three to four weeks of pressure and lobbying before CBN responds to requests for bank statements or ...

"We believe that there are still federal government funds with commercial banks but we can’t say specifically how much and ...

The court had, in June 2022, ordered Mobil and NNPC to pay the Akwa Ibom oil communities cumulative damages of ...

The experts, who lauded the efforts of the government on metering, said the pricing of prepaid meters as part of ...

The benchmark rate stands 11.5 per cent.

The CBN adjusted the exchange rate on its website to N413.49 to a dollar.

The joint committee is made up of representatives from FCCPC, the Central Bank of Nigeria (CBN) and the Economic and ...

The CBN says it will work with the SEC to do the "right thing" regarding the top shareholding in the ...

"The fundamental thing is that the technology collapsed. This BVAS technology of a thing is a complete failure…..”

The ministry has requested the Central Bank to commence the processing of the payment.

"What the CBN failed to say is that the member countries that make up the ECCB have a total population ...

The vice president also said the CBN appeared to be in competition with government ministries and agencies in implementing certain ...

The regulator also explains how the digital currency will affect NGOs and individuals.

The site is alive days before the launch of the digital currency.

The currency didn't do well at the black market either.

The plunge continued at the official and black markets.

The bank warns MFBs against "wholesale banking".

The bank calls for a more predictable forex management system in Nigeria.