Tag: Central Bank of Nigeria (CBN)
Counterfeit Naira notes drop to 13 pieces per one million
The ratio of counterfeit notes to volume of banknotes in circulation was 13 pieces per million, compared to 20 pieces…
Breaking: CBN postpones eNaira launch
CBN Spokesman, Mr. Osita Nwanisobi said the postponement was in deference to the mood of national rededication to the collective…
CBN Governor urges youths to explore its financial programmes
He urged Nigerian youth to key into the apex bank’s financial programmes that are connected to a wide range of…
CBN donates branch building to NTA Abeokuta
It was donated as part of the CBN Abeokuta branch’s corporate social responsibility to its host community,
Forex: CBN issues strong warning to commercial banks
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…
CBN rejects Sen. Adeola’s allegation
The Central Bank of Nigeria (CBN) has denied the allegation that it failed to remit 80 percent of its operational…
86 accounts blocked as CBN descends on nine firms killing Naira [Details]
The former Attorney- General also said that the forex deals by the defendants were undercutting the strength of the naira…
FG, CBN unveil N250bn intervention facility for investors
The Federal Government of Nigeria has introduced a N250 billion intervention facility to stimulate finance and motivate investors in the…
CBN to launch digital currency on Independence Day
The Central Bank of Nigeria (CBN) has perfected plans to launch its own digital currency on October 1, 2021.
CBN launches ‘NoGoFallMaga’ campaign
The Central Bank of Nigeria (CBN) has partnered with some cybersecurity stakeholders to launch a new cyber awareness campaign tagged…
Most cryptocurrency transactions are illegitimate – Emefiele
Godwin Emefiele, governor of the Central bank of Nigeria has said that most transactions conducted in cryptocurrencies are illegitimate. The…
Singer Yemi Alade calls out CBN over dollar curbs
Nigerian Afropop singer and songwriter Yemi Eberechi Alade, also known as Yemi Alade has called out the Central Bank of…
Business, Headlines, Top Stories
CBN allows Naira weaken as official rate hits N419
Nigeria's Central Bank allowed the Naira weaken to a record low against the dollar on the official market on Friday,
CBN queries First Bank
The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr…
Panel tasks CBN on open banking regulation
Mr Boye Ademola, Partner and Lead, Digital Transformation, KPMG, on Wednesday called on the Central Bank of Nigeria (CBN) to…
Nigerians to shun luxury items in 2021: CBN report
Most Nigerian consumers are not likely to purchase expensive or luxury items in 2021., according to CBN Consumer Expectations Survey…
CBN disclaims Transferwise, Azimo
The Central Bank of Nigeria (CBN) has alerted the public on the activities of two unauthorised International Money Transfer Operators…
NMA urges CBN to relax loan conditions
The Nigerian Medical Association (NMA) has called on the Central Bank of Nigeria (CBN) to modify the conditions for accessing…