Central Bank of Nigeria
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News
Only Foreign Borrowing Can Save Naira, Clear CBN Debts – EIU
International business research firm, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the liquidity…
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Business
CBN to Sanction Banks aiding Operations of Unlicensed Foreign Firms
The Central Bank of Nigeria has said it will sanction banks assisting the operations of unlicensed foreign firms. It stated…
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Markets
BREAKING: CBN Raises Interest Rate to 17.5%
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 100…
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Markets
CBN Reduces Charges On Electronic Transactions, See Updated Charges
The Central Bank of Nigeria (CBN) has announced a reduction of fees for electronic banking operations in its published guidelines…
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Markets
Nigeria’s Diaspora Remittances rose 15% to hit $9.3bn in H1 2021
Inflows of diaspora remittances into the country registered an upward movement in the first half of 2021. According to Nigeria’s…
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Tech Hub
CBN To Freeze Accounts Of Fintechs For 180 Days
Central Bank of Nigeria (CBN) has reportedly been granted the request to freeze accounts of six financial technology (fintech) companies…
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