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CBN
No Plans to Convert Domiciliary Account Holdings into Naira-Says CBN
The Central Bank of Nigeria (CBN), on Saturday denied report alleging that the Federal Government is considering converting $30bn domiciliary deposits to Naira....
CBN Instruct Banks To Harmonise Reporting Requirements On Forex Exposures
January 31, 2024/CBN The Central Bank of Nigeria (CBN) has noted with concern the growth in foreign currency exposures of banks through their...
FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the...
CBN Releases $500m To Various Sectors To Clear Forex Backlog
BY NKECHI NAECHE-ESEZOBOR–In its determination to address the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) has released US$500...
CBN Set To Hold First MPC Meeting Under Cardoso
The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC) meeting, preparatory to their first...
CBN Appoints New Executives For Union Bank, Keystone Bank, and Polaris
Following the sack of the Board and Management of Union Bank, KeystoneBank and Polaris Bank, the Central Bank of Nigeria, (CBN), has appointed...
Breaking: CBN Dissolves Board And Management Of Union Bank, Keystone Bank And Polaris Bank
The Central Bank of Nigeria (CBN) on Wednesday dissolved the Board and Management of Union Bank, Keystone Bank, and Polaris Bank. The apex...
CBN Assures Depositors Of The Safety Of Their Funds
The Central Bank of Nigeria (CBN) has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over...
