CBN

The Central Bank of Nigeria (CBN) has imposed a N150 million penalty per branch on Deposit Money Banks (DMBs) found engaging in the illegal flow of freshly minted Naira notes to currency…

The Central Bank of Nigeria has reaffirmed the validity of the old N1000, N500, and N200 banknotes as legal tender, clarifying misinformation circulating about their status. In a statement signed by Mrs Hakama Sidi-Ali, the…

The Central Bank of Nigeria (CBN) has urged Nigerians to disregard claims that it sold dollars to eligible Bureau de Change (BDC) operators at N1,301 per dollar. In a statement…

The value of the naira appreciated by nearly N100 and over five per cent in the course of the just ended week as speculators are wary of which way the…

The International Human Rights Commission – Relief Fund Trust (IHRC-RFT) with ECOSOC Consultative Status, has condemned the alleged discrimination and unfair practices in the Central Bank of Nigeria (CBN) in…

The Central Bank of Nigeria (CBN) has announced a plan to launch a newly redesigned website (www.cbn.gov.ng), which will be operational from Monday, December 2, 2024. In a statement issued…

As the end of year festivities commence in full, the Central Bank of Nigeria (CBN) has charged bank customers to report difficulty in getting cash at banks or Automated Teller…

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that the country lost more to foreign exchange subsidy than it spent on fuel subsidy. According to…

The Central Bank of Nigeria, CBN, has raised the monetary policy rate, which measures the benchmark interest rate, to 27.25 per cent. This followed the meeting of the Monetary Policy…

The Central Bank of Nigeria (CBN) will be extending the recapitalisation deadline for Bureau De Change (BDC) operators from December 3, 2024 to June 3, 2025. The Association of Bureaux…