Naira gains 2.77% on official Market , but Drops to N1,700/$ on Parallel market
The Naira closed September 2024 at N1,541 on the official NAFEM window, marking a modest improvement compared to July ...
Tag: CBN
Nigerian Government clears over N30 trillion in Ways and Means Debt, Outlines Economic Reforms Addressing Rising Cost of Living
In his 64th Independence Day address, President Bola Tinubu announced that the federal government has cleared over N30 trillion in ...
CBN Extends Suspension of Cash Deposit Processing Fees Until March 2025
The Central Bank of Nigeria (CBN) has extended the suspension of cash deposit processing fees to March 31, 2025. The ...
Breaking: CBN Hikes Interest Rate to 27.25%: What This Means for MSMEs
The Central Bank of Nigeria (CBN) Monetary Policy Committee has decided to further raise interest rate by 50 basis points ...
CBN Allocates $2.97 Billion for Fuel Imports Amid Dangote Refinery Controversy
The Central Bank of Nigeria (CBN) has disbursed $2.97 billion to oil industry players for the importation of petroleum products ...
CBN Approves US$20,000 Sale to Bureau De Change Operators to Boost FX Liquidity
The Central Bank of Nigeria (CBN) has approved the sale of US$20,000 to eligible Bureau De Change (BDC) operators, aiming ...
Nigerian Government , CBN, AfDB to Begin Distribution Of Fertilizers To Farmers Under ASAP Initiative
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the Nigerian government's commitment to tackling ...
CBN Lifts Ban on OPay, Moniepoint, Kuda, Palmpay, and others: Fintechs Resume Onboarding New Customers this Week
The Central Bank of Nigeria (CBN) has officially lifted its ban on five major fintech companies—OPay, Moniepoint, Kuda, Palmpay, and ...
Just in: OPay, Moniepoint, Others To Resume Onboarding New Customers, CBN Announces
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms such as OPay, Palmpay, Kuda ...
Nigeria House of Rep Orders CBN to Suspend Cybercrime Levy Implementation
The House of Representatives, on Thursday, May 9, called upon the Central Bank of Nigeria (CBN) to immediately halt the ...
