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 ...
Tag: CBN
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 ...
CBN, BOI, and DBN Partner to Close N294bn Funding Gap for Women Entrepreneurs in Nigeria
In a major move aimed at closing the N294 billion funding gap affecting women-owned and women-led businesses, the Central Bank ...
CBN Reaffirms Commitment to Financial Stability and Deposit Security
The Central Bank of Nigeria (CBN) has reiterated its unwavering commitment to ensuring the stability and reliability of the Nigerian ...
CBN’s Yemi Cardoso: Painful Interest Rate Hike Key to Curbing Inflation
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, acknowledged the challenges posed by the recent increase in ...
CBN Sells $543.5 Million in FX Market to Stabilize Naira
The Central Bank of Nigeria (CBN) sold a total of $543.5 million in the Nigerian foreign exchange market (NFEM) to ...
CBN Introduces Electronic Foreign Exchange Matching System to Enhance Nigeria’s FX Market
The Central Bank of Nigeria (CBN) has announced the launch of an Electronic Foreign Exchange Matching System (EFEMS) for Foreign ...
