House of Reps Backs Financial Reforms to Boost SME Financing and Protect Bank Customers
The House of Representatives has expressed commitment to supporting reforms that will expand access to finance for small and medium ...
Tag: CBN
Federal Government Launches Digital Treasury Receipt to Curb Revenue Leakages and Strengthen Fiscal Transparency
The Federal Government has launched the Federal Treasury Receipt (FTR), a new digital reform designed to close revenue leakages and ...
CBN, NCC Develop Framework to Resolve Failed Airtime and Data Transactions
The Central Bank of Nigeria and the Nigerian Communications Commission are jointly developing a new framework to tackle the growing ...
CBN, Bank of Angola Sign MoU to Boost Regional Financial Cooperation and Stability
The Central Bank of Nigeria (CBN) and the Bank of Angola have formalised a new partnership through the signing of ...
CBN Develops New Framework for Local Currency Trade Settlements
The Central Bank of Nigeria is developing a new framework to support the use of national currencies in bilateral trade, ...
CBN Drafts New Rules for Instant ATM Refunds to Boost Consumer Confidence
The Central Bank of Nigeria has issued new draft guidelines requiring banks to provide automatic, instant refunds for failed ATM ...
CBN Caps Daily Agent Banking Transactions at ₦1.2 Million Under New Stricter Guidelines
The Central Bank of Nigeria (CBN) has introduced a new set of operational guidelines for agent banking, tightening regulations on ...
CBN Overhauls Fixed Income Market to Boost Transparency and Strengthen Monetary Policy Impact
The Central Bank of Nigeria (CBN) is set to take direct control of the country’s fixed income market operations in ...
CBN Clarifies New 75% Cash Reserve Rule, Assures Public Sector Funds Remain Accessible
The Central Bank of Nigeria (CBN) has assured government agencies and entities that the new 75 percent cash reserve ratio ...
System Liquidity Hits Record N5.73tn After CBN Rate Cut, but Credit Access Still Tight for Businesses
Liquidity in Nigeria’s financial system surged to an unprecedented N5.73 trillion on Monday, up from N4.02 trillion the previous Friday, ...
