Central Bank of Nigeria (CBN)

NDIC does not cover investment with fund managers ― Nuhu

The Nigeria Deposit Insurance Corporation (NDIC) has warned the general public to desist from investing funds with illegal funds managers…

3 years ago

CBN issues national licence to TAJBank

TAJBank Limited, Nigeria’s leading non-interest bank, has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN).…

3 years ago

Reps tackle CBN over delays in interbank transfer services

The House of Representatives, on Wednesday, expressed grave concern over the inability of the Central Bank of Nigeria (CBN) to…

3 years ago

CBN urges farmers to access various agricultural intervention programmes

The Central Bank of Nigeria (CBN) has challenged Nigerian farmers to explore the various agricultural interventions of the apex bank…

3 years ago

eNaira: AFF partners CBN on improved adoption

To drive improved adoption of the eNaira, African Fintech Foundry (AFF), in partnership with the Central Bank of Nigeria (CBN)…

3 years ago

Gwadabe proffers solution to naira volatility, rising inflation

Naira volatility despite foreign exchange interventions by the Central Bank of Nigeria (CBN) is being compounded by rising inflation, interest…

3 years ago

Nigeria leads as more African Central Banks explore digital currencies ― IMF

Following Nigeria’s October 2021 introduction of e-Naira, several sub-Saharan African central banks have joined the bandwagon; exploring or in the…

3 years ago

Inflation rate defies all measures, hits 11-month high of 17.71% in May

Inflation rate in Nigeria surged to 17.71 per cent in May 2022, up from 16.82 per cent recorded in the…

3 years ago

CBN, Bankers’ Committee hold non-oil exports summit

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, will hold the maiden summit on Non-Oil Exports…

3 years ago

Gwadabe urges CBN to use BDCs to end multiple exchange rates, promote market stability

President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has urged the Central Bank…

3 years ago

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