Nigeria’s money supply dropped marginally to N92.3 trillion in March 2024 from N93.9 trillion in February. This is according to recent data from the Central Bank...
…Dismisses concerns, says social media handles not protected by privacy rights …Financial institutions cleared to collect social media handles for KYC By Sodiq Adelakun The Federal...
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow down on monetary policy tightening ahead...
As part of concerted efforts to increase the foreign-currency remittance inflow, the Central Bank of Nigeria (CBN) has granted licenses to 14 new International Money Transfer...
The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs)...
Naira’s woes continue for the second week as legitimate operators of Bureau De Change, BDC, await the Central Bank of Nigeria’s intervention. FMDQ data showed that...
The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in development finance activities to a combination...
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has expressed concerns on how the continued hike of interest rates may make the country...
Nigeria has spent about $1.12 billion on foreign debt service payments in the first quarter of 2024, highlighting the growing burden of external debt on the...
The House of Representatives has urged the Central Bank of Nigeria (CBN) to halt the proposed implementation of the cyber security levy. The resolution followed a...