The Central Bank of Nigeria (CBN) has ordered all financial institutions, acquirers, and payment service providers to implement mandatory dual connectivity for Point of Sale …
Tag: CBN
The CBN Governor, Mr. Olayemi Cardoso, has inaugurated the new Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF), reaffirming the Bank’s commitment to strengthening …
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s monetary policy rate (MPR) at 27 percent. Olayemi Cardoso, …
The Federal Government’s new rules limiting Point-of-Sale (POS) transactions have continued to stir mixed reactions among Nigerians. The Central Bank of Nigeria (CBN) recently pegged …
The Central Bank of Nigeria has issued a strong warning to licensed Bureau De Change (BDC) operators nationwide, vowing to impose severe sanctions on those …
The Central Bank of Nigeria (CBN) says recapitalisation of Nigerian banks is crucial to the march towards achieving a one-trillion dollar economy. CBN’s deputy governor, …
Customers will, from March 1, 2025, start paying more for withdrawals from other banks’ Automated Teller Machines (ATMs) following a new directive by the Central …
The Naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a Dollar. Data from the FMDQ Security Exchange official forex trading …
The Central Bank of Nigeria (CBN) has waived N250,000 annual licence renewal fee for each Bureau De Change (BDC) operator for the 2025 financial year. …
Investors in the Nigerian stock market traded a total turnover of 3.132 billion shares worth N76.552 billion in 61,456 deals this week on the floor …
The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from …
The central Bank of Nigeria, CBN, has temporarily permitted Bureau de Change, BDC, operators to purchase up to $25,000 weekly in foreign exchange, FX, from …
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential services to millions of people without access to …
In a bid to revitalize Nigeria’s ailing economy, stakeholders from the financial sector are clamoring for the Federal Government to establish a regulatory commission for …
Barring any last-minute changes, the Central Bank of Nigeria (CBN) will soon retire about 1,000 of its employees before the end of the year, investigations …
The Central Bank of Nigeria, CBN, says it will heavily penalise Deposit Money Banks, DMBs, found supporting the hawking of Naira notes. Solaja Olayemi, acting …
Financial experts and analysts have told the Central Bank of Nigeria Monetary Policy Committee to pause interest rate hikes ahead of its Monday to Tuesday …
From Aminu Bala Madobi The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System …
Alfijir Labarai ta rawaito Yadda kasuwar canjin Kudaden kasashen waje ke hawa da sauka a yau a Kasuwar Wapa Kano Dollar zuwa Naira Siya = …
Alfijir Labarai ta rawaito Yadda kasuwar canjin Kudaden kasashen waje ke hawa da sauka a yau a Kasuwar Wapa Kano Dollar zuwa Naira Siya = …