Finance Minister, CBN Governor Align Policies to Strengthen Nigeria’s Economy
Nigeria’s fiscal and monetary authorities have intensified efforts to harmonize their policies amid growing calls for better coordination to address ...
Tag: CBN
Greenwich Merchant Bank Secures CBN Approval for Financial Holding Company
Greenwich Merchant Bank Limited has received regulatory approval from the Central Bank of Nigeria (CBN) to establish its financial holding ...
National Arts Theatre Renovation to Unlock $25 Billion for Nigeria’s Creative Sector
The long-awaited renovation of the National Arts Theatre, now named oyinka Theatre, is nearing completion, with expectations that it will ...
Rising Inflation, Naira Depreciation Slash Nigeria’s Vehicle Imports in 2024
Nigerians imported fewer passenger cars in 2024 as inflation and the sharp depreciation of the naira made foreign exchange more ...
BDC Operators Struggle as Dollar Scarcity Worsens, Naira Hits New Lows
Bureau De Change (BDC) operators in Nigeria say commercial banks are not supplying them with dollars as directed by the ...
Banks in Nigeria Begin N100 ATM Withdrawal Charge
Nigerian banks have begun implementing the Central Bank of Nigeria’s (CBN) revised ATM transaction charges, which took effect on March ...
CBN Urges Banks to Align with Global Standards in Tackling Illicit Funds
The Central Bank of Nigeria (CBN) has called on financial institutions to enhance their compliance frameworks and align with global ...
SMEs Struggle as CBN Retains Interest Rate at 27.5%
Small and Medium Enterprises (SMEs) in Nigeria are facing increased financial strain following the Central Bank of Nigeria’s (CBN) decision ...
CBN Targets Single-Digit Inflation as Monetary Policies Take Shape
The Central Bank of Nigeria (CBN) is determined to bring inflation down to single digits in the medium to long ...
CBN Orders Banks to Publish Account Name, Dormant types, Unclaimed Balances
The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to disclose specific details of dormant ...
