The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has justified the recent increase in interest rates during the Monetary Policy Committee (MPC)...
The Central Bank of Nigeria (CBN) has announced plans to inject N1.4 trillion into the banking system over the next three months to improve cash flow....
The Central Bank of Nigeria (CBN) has increased its Monetary Policy Rate (MPR) to 27.25%, marking another significant step in its efforts to manage the nation’s...
The Central Bank of Nigeria (CBN) has temporarily retracted its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024–2025, initially published on Tuesday,...
The Central Bank of Nigeria (CBN) has introduced new directives for Payment Service Providers (PSPs), requiring enhanced routing protocols for Point of Sale (PoS) transactions. This...
The Central Bank of Nigeria (CBN) has resumed the sale of U.S. dollars to Bureau De Change (BDC) operators as part of efforts to stabilize the...
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL), including...
The Central Bank of Nigeria (CBN) is facing legal action from over 100 former employees who were dismissed under the bank’s recent reorganization strategy. The affected...
The Central Bank of Nigeria (CBN) has officially sanctioned the merger of Providus Bank and Unity Bank. This landmark decision was announced on Tuesday by Hakama...
The Central Bank of Nigeria (CBN) has announced that next-of-kin, legal representatives, or beneficial owners can now claim unclaimed balances in dormant accounts. This directive was...
