World Bank Advises CBN to Limit Forex Auctions, Deepen Market Transparency to Strengthen Naira
The Central Bank of Nigeria (CBN) has been urged by the World Bank to avoid frequent interventions in the foreign ...
Tag: CBN
IFC and CBN Partner to Fund Nigerian Businesses with over $1 billion
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have announced a new initiative to boost Nigeria’s ...
IFC and CBN Boost Nigeria’s Economy with $1bn Local Currency Investment Plan
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have announced a strategic agreement to expand local ...
CBN Clarifies Naira Notes Policy Amid Calls for Old Notes Phase-Out by December 31, 2024
The Central Bank of Nigeria (CBN) has denied reports suggesting it must phase out old N200, N500, and N1,000 notes ...
Nigeria Plans Diaspora Bond to Attract $1 Billion Monthly Remittances
Nigeria is set to introduce a diaspora bond in the United States as part of its ambitious strategy to boost ...
Obasanjo Highlights $45 Billion Reserve Boost Amid Concerns Over Nigeria’s Rising Debt
Former Nigerian President Olusegun Obasanjo has reflected on his tenure, revealing how he elevated the nation’s foreign reserves from a ...
CBN Reassures Nigerians: Old Naira Notes Remain Valid Beyond 2024
The Central Bank of Nigeria (CBN) has issued a strong clarification, assuring the public that old naira notes will not ...
Fast Credit Launches Scholarship Program to Support Students in Nigeria, Apply Here
Celebrating its 10th anniversary, Fast Credit, a Central Bank of Nigeria-licensed financial institution, has announced an extensive scholarship program aimed ...
First Bank Customers to Experience Service Disruptions from October 26 …All You Need to Know and Prepare For
First Bank, one of Nigeria's leading tier-1 banks, has announced its plans to transition to a new cloud-based procurement and ...
CBN Pledges Greater Financial Support For Women Entrepreneurs with New Initiative
At the 30th Nigeria Economic Summit in Abuja, Central Bank of Nigeria (CBN) Governor Yemi Cardoso reaffirmed the bank's commitment ...
