CBN Projects 4.17% GDP Growth in 2025 as Inflation and FX Reforms Take Shape
The Central Bank of Nigeria (CBN) has forecasted a 4.17% economic growth rate for 2025, driven by ongoing reforms and ...
Tag: CBN
Nigerian Business owners Urged to Harness Export Opportunities as Naira Weakens
The Central Bank of Nigeria (CBN) has encouraged businesses to adopt export-focused strategies to leverage the naira's depreciation. Speaking at ...
Taiwo Oyedele Makes Case For Implementation of Tax Reform Bills by Mid-2025
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has urged the implementation of tax reform ...
Full List of Nigerian Banks With Functional USSD Codes as FG Deactivates 9 Others
The Nigerian Communications Commission (NCC) has instructed telecom companies to deactivate the USSD codes of nine banks due to their ...
Millions of Nigerians at Risk of Losing USSD Access Due to N160bn Debt owed by Banks
Millions of banking customers in Nigeria are facing the possibility of losing access to USSD services from nine major banks, ...
NCC Directs Telecom Companies to Disconnect USSD Codes of Nine Banks Over Debts
The Nigerian Communications Commission (NCC) has directed telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to ...
CBN Fines Nine Nigerian Banks ₦150 Million Each for Failing to Provide Naira Notes via ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to ensure the availability of ...
Nigerians Telecom Operators Set to Suspend USSD Services Over N250 Billion Debt
Telecom operators in Nigeria are preparing to suspend Unstructured Supplementary Service Data (USSD) services in two weeks following the failure ...
CBN Launches New Accounts to Boost Diaspora Access to Nigerian Economy
The Central Bank of Nigeria (CBN) has introduced two new account types—the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident ...
Naira Gains Momentum with N125 Surge After EFEMS Launch
Nigeria's currency, the naira, has appreciated significantly, gaining N125 against the dollar within a month of the Electronic Foreign Exchange ...
