Court stops eNaira Payment Solutions from claiming eNaira trademark ownership
Federal High Court bars eNaira Payment Solutions from claiming ownership of eNaira trademark.
CBN holds rates at 26.5% as foreign reserves near $50 billion
CBN holds interest rate at 26.5% as foreign reserves approach $50 billion mark.
NiMet, CBN sign deal to share weather data for economic planning
NiMet and CBN partner to use weather data for smarter economic forecasting and policy decisions.
CBN pushes financial literacy as essential skill for Nigerian students
CBN urges students to master money management as essential skill for navigating Nigeria's changing economy.
Senate confirms Yuguda as CBN deputy governor
Senate confirms Sule Yuguda as Central Bank of Nigeria deputy governor after presidential nomination.
CBN warns Nigerians against fraudulent messages, cyber attacks
CBN alerts Nigerians to fraudulent messages and cybersecurity hack attempts targeting financial accounts
CBN mandates mediation before borrowers and lenders go to court
The Central Bank of Nigeria introduces mandatory mediation for loan disputes before court action.
CBN Extends Deadline for BDC Operators’ Recapitalization to June 2025
The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalization of Bureau De Change (BDC) operators by...
CBN Extends Suspension of Cash Deposit Processing Fees to March 2025
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on large cash deposits, allowing individuals and...
CBN Facilitates $600 Million Remittance via IMTOs in One Year – Cardoso
The Central Bank of Nigeria (CBN) facilitated the transfer of around $600 million through International Money Transfer Operators (IMTOs) over...
NCC Partners with CBN, SEC to Strengthen Nigeria’s Fintech Regulatory Framework
The Nigerian Communications Commission (NCC), in collaboration with the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission...
CBN Temporarily Withdraws 2024-2025 Monetary Policy Guidelines Amid Misinterpretation Concerns
The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the...
Court Orders Final Forfeiture of $1.4M Linked to Ex-CBN Governor Emefiele
The Federal High Court in Lagos on Tuesday mandated the permanent forfeiture of $1,426,175.14 associated with former Central Bank of...
Today’s Naira Exchange Rates: Friday, June 21, 2024
The Naira has shown notable changes against major global currencies (especially Dollar Exchange rate to Naira) today, June 21, 2024....
CBN Denies Plans to Revoke Licenses of Unity, Polaris, and Keystone Banks
The Central Bank of Nigeria (CBN) has denied any intentions to revoke the licenses of Unity Bank, Polaris Bank, and...
CBN Breaks Silence On Revoking Heritage Bank’s License, NDIC Begins Liquidation
The Central Bank of Nigeria (CBN) announced yesterday that it has revoked Heritage Bank’s operating license due to the board...
CBN to Issue N1.56 Trillion in Treasury Bills for Q3 2024
The Central Bank of Nigeria (CBN) has announced plans to issue N1.56 trillion worth of Treasury Bills (T-Bills) in the...
CBN Revokes Heritage Bank Licence
The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made...
BDC Operators Back CBN’s Move to Halt Foreign Currency Collaterals for Loans
The Bureau de Change Operators’ Federation in Nigeria has voiced its agreement with the Central Bank of Nigeria’s mandate instructing...
Naira Appreciates Further To N1,382/$ Amid CBN’s Efforts and Warning to Speculators
On Thursday, the Nigerian naira saw a steady rise in its value against the US dollar, appreciating by N18 to...