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Money

CBN Will Spend $3bn Loan To Stabilise Economy – NEC

The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed to...

Money

CBN, Partners Host 2nd IFIC on October 5 and 6, 2023

The second edition of the International Financial Inclusion Conference (#IFIC2023) Nigeria’s flagship Financial Inclusion event is scheduled to hold on October 5 and...

Money

CBN Unveils Licensing, Approvals and Other Requests Portal

The Central Bank of Nigeria (CBN) is pleased to announce the unveiling of a new online platform for submission of microfinance bank (MFB)...

Money

Impact Of CBN’s Plan To Re-enforce LDR On Tier 1 Banks

The Central Bank of Nigeria (CBN) communicated through individual circulars to Deposits Money Banks (DMBs) on 24 July 2023, reaffirming its commitment to...

Money

CBN May Lose Control Of The Naira

While the government appeared distracted with the coup in Niger Republic, the naira plunged further in the foreign exchange markets last week, exchanging...

News

CBN Delists 2,698 BDCs In One Year

The Central Bank of Nigeria has released an updated list of Bureau de Change dealers approved in the country. According to the list...

Money

CBN, CBE Set Up ‘Nigeria-Egypt FinTech Bridge

The Deputy Governor in charge of Financial System Stability (FSS) at the Central Bank of Nigeria (CBN), Mrs. Aishah Ahmad (left) and her...

Money

CBN Unveils New Corporate Governance Guidelines to All Banks and Financial HoldCos

The Central Bank of Nigeria (CBN), in exercise of powers conferred by the Central Bank of Nigeria (CBN) Act 2007 and the Banks...

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