CBN increases interest rate to 18.5%
The Central Bank of Nigeria, on Wednesday, raised its benchmark lending rate to 18.5 per cent, from 18 per…
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CBN
CBN revokes licences of 132 Microfinance banks,…
The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, four primary…
CBN launches digital literacy platform, SabiMONI
Nigeria’s Central Bank Deputy Governor, Aishah Ahmad, on Wednesday, announced that the bank has developed…
CBN to invest funds in dormant accounts in…
The Central Bank of Nigeria (CBN) has proposed that banks transfer funds in accounts that have been…
CBN speaks on evacuation of banknotes to…
The Central Bank of Nigeria on Friday confirmed the evacuation of banknotes from its vaults to commercial…
CBN debunks viral news suspending OPAY, PALMPAY
The Central Bank of Nigeria (CBN) has described as fake, the news making the rounds that it suspended…
Naira Policy: Reps urge CBN to commence overhaul…
The House of Representatives has asked Central Bank to direct all commercial banks to overhaul their…
Silicon Valley: No Nigerian bank has direct…
There is no direct investment by Nigerian banks in Silicon Valley Bank (SBV) that could result in a loss…
CBN issues operational guidelines on open…
The Central Bank of Nigeria Wednesday issued operational guidelines for open banking in Nigeria.
The…
Banks pay customers old notes as CBN, FG keep…
Commercial banks in different parts of the country on Monday resumed issuance of the old N500 and N1000…