The Central Bank of Nigeria (CBN) has removed all limits on cash deposits and significantly increased weekly cash withdrawal thresholds for individuals and businesses. The move marks one of the …
CBN
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Nigeria’s external position has strengthened significantly, with the current account balance rising 85% to $5.28 billion in Q2 2024, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said on Friday. …
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Nigeria recorded a major rebound in external investor confidence as foreign capital inflows surged to $20.98 billion in the first ten months of 2025, the highest in years, according to …
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The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have rolled out a new economic initiative called the Dis-Inflation and Growth Acceleration Strategy (DGAS). This plan aims …
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The Central Bank of Nigeria (CBN) has dismissed media reports claiming it allocated $1.26 billion to major oil companies for the importation of refined petroleum products and related goods. In …
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The Central Bank of Nigeria (CBN) has dismissed reports suggesting it disbursed $1.259 billion to major oil sector operators for the importation of refined petroleum products and related items, describing …
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The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the country’s economic reforms are yielding visible results. Cardoso said this on Friday in Washington DC at the …
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Soothing news has come the way of Nigerians as the Central Bank of Nigeria (CBN) has released a draft guideline on Automated Teller Machine (ATM) operations, compelling banks to refund …
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The Central Bank of Nigeria (CBN) has announced that it will take over the trading and settlement of fixed-income instruments, a role previously managed by market operators. In a directive …
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The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes with the right mix. The CBN also encouraged citizens to be ambassadors …