The Central Bank of Nigeria (CBN) has disbursed $500 million across various sectors to expedite the resolution of verified foreign exchange transactions that have been pending....
The Governor, Central Bank of Nigeria (CBN), Mr Olayemi Cardoso says the bank’s target in 2024 is bring inflation rate down to 21.4 per cent. In...
Minister of Information and National Orientation, Mohammed Idris has said that the private sector has a leading role in actualizing the Federal Government initiative on Compressed...
The Central Bank of Nigeria has cautioned Banks and POS operators against illegal actions affecting the circulation of naira. The CBN warned parties involved to immediately...
The Central Bank of Nigeria (CBN) says over N3 trillion is currently in circulation, assuring Nigerians of adequate cash to meet their needs. The Bank’s Acting Director...
The Central Bank of Nigeria (CBN) has announced the implementation of a “Post No Debit” restriction on all bank accounts lacking a Bank Verification Number (BVN)...
The Central Bank of Nigeria (CBN) says all Naira notes issued by it remain legal tender. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this clarification...