The Central Bank of Nigeria (CBN) on Friday released Regulatory Guidelines and Framework for Mobile Money Services in the country. The regulator stated that the introduction...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit, asking the court “to compel President Muhammadu Buhari to disclose spending details of the overdrafts and...
The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the report, the...
Nigeria’s illiquidity squeeze persists as naira depreciated by 0.21% to $/N411.83 at Investors’ & Exporters’ (I&E) foreign exchange window on Thursday. The dollar opening trading at...
Despite banning cryptocurrencies in the country, the Central Bank of Nigeria (CBN) has concluded plans to launch a digital currency before the end of this year....
The Presidency has announced that the N200 billion facility set aside for the Federal Government Social Housing Scheme is ready for disbursement to start the project....
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has tasked Governors of the 36 States of Nigeria to make their states more...
The Central Bank of Nigeria (CBN) has disbursed a total of N2.04 billion to 7,075 beneficiaries under the National Youth Investment Fund (NYIF). A total of...
The Manufacturers Association of Nigeria (MAN) advised the Central Bank of Nigeria (CBN) to provide foreign exchange to manufacturers to increase their productivity. Dr Wale Adegbite,...
The Central Bank of Nigeria (CBN) has debited banks a total of N120.2 billion for failing to meet its Cash Reserve Ratio (CRR) policy. The CRR...