Business CBN Unveils FX Price Verification System Portal August 18, 2023 In a bid to simplify access to forex challenges plaguing importers, the Central Bank of Nigeria (CBN) has introduced a…
Business Naira Slump: CBN Restricts Diaspora RemittancesAugust 15, 2023 Naira slump: CBN Restricts Diaspora Remittances Following the tumbling of the naira at the parallel market in recent times, the…
Business CBN Targets 95% Financial Inclusion By 2024July 30, 2023 The Central Bank of Nigeria (CBN) said it hopes to attain 95 percent financial inclusion for Nigeria in 2024, even…
Business Dangote Refinery: CBN Projects $30bn Annual Forex Savings, $10bn Export InflowMay 23, 2023 I visited Dangote Refinery severally for reassurance on the project – Emefiele The Governor of the Central Bank of Nigeria…
Business CBN Confirms Old Naira Notes As Legal TenderMarch 14, 2023 NLC Issues FG 7-day Ultimatum To End Cash Crisis Ten (10) days after the Supreme Court judgement mandated the use…
Business We Don’t Have Capacity To Print Enough New Notes – CBNFebruary 11, 2023 As the cash crisis bedevilling the country lingers, the Central Bank of Nigeria (CBN) has revealed why it has been…
Business PoS Transactions Increase By 40%, e-Payment Hits N39.58tn – NIBSSFebruary 10, 2023 Following the scarcity of naira caused by the Central Bank of Nigeria (CBN) redesign and cash withdrawal policy, Point of…
Business New Naira Scarcity: Long ATM Queues, Empty Bank HallsFebruary 2, 2023 Despite the Central Bank of Nigeria (CBN) extending the deadline for exchange of old naira notes for new ones to…
Business CBN Plans Regulatory Framework For CryptocurrenciesJanuary 5, 2023 The Central Bank of Nigeria (CBN) has said it will bring up a regulatory policy framework for the implementation of…
Business New Naira: CBN, EFCC To Investigate Large WithdrawalsNovember 24, 2022 FG to reduce cash withdrawal limits Following the launch of new N200, N500 and N1000 notes by President Muhammadu Buhari…