Tag: CBN

The bank is also considering launching virtual cards.

The currency gained at the official market.

The move is expected to allow further economic growth, despite four-year high inflation, after the country exited recession last year.

The House is investigating the status of all recovered loots, including movable and immovable assets between 2002 and 2020.

The CBN says more than N300 billion had been disbursed to companies operating in the southern part of Nigeria.

This move is expected to further boost the country’s foreign reserve and increase dollar circulation.

First Bank says it will cooperate with the regulator and that its operations are unhampered.

The regulator had reinstated Mr Adeduntan as the managing director and chief executive officer of the bank, a day after ...

Mr Emefiele says for years the bank has been plagued by “bad credit decisions, significant and non-performing insider loans and ...

Another group urges Nigerians to dismiss allegations the federal government recently printed N60 billion to make up for allocations made ...

There is nothing intrinsically wrong with the central bank “supporting” the economy—–or even “printing money”––but there are many things wrong ...

An overhaul of the NNPC’s operations is inevitable to position it for efficient and competitive business, leading to increased revenues ...

The currency remained stable on the black market.

The monetary policy meeting is considering whether to increase lending rate to curb inflation.

One of the merits of fintech is its capacity to achieve financial inclusion globally.

The police have obtained a court order to detain Mr John Idumange for 30 days.

The currency also declined at the I&E spot market.

Mr Okon Abang explained why he granted Mr Maina’s requests to sign the subpoenas when Mr Falana made a surprise ...

The currency lost at the I&E window.

The vice president calls ​for a "knowledge-based regulation" of virtual currency.

The CBN, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority on Friday called for proposals from qualified asset ...

The capital market regulator says it will not stifle innovation but will work with the CBN to ensure stability.

The apex bank says its decision is driven by the challenges asylum seekers and refugees face with means of identification ...

Naira remains stable on the parallel market.