The Central Bank of Nigeria, CBN, yesterday released the Nigeria Foreign Exchange (FX) Code in a bid to mitigate risks following various positive transformations in the country’s financial ...

New data from the CBN has shown that over 95% of loans were gotten from microfinance banks in 2024, leaving the commercial banks to scramble for 5% The data also shows a year-on-year decline in loans, ...

AS 2025 begins, the Central Bank of Nigeria (CBN) reaffirms its commitment to fostering a resilient and prosperous economy. In a post shared on his official X (formerly Twitter) handle over the ...

Last year, the CBN made several attempts to stabilise the naira, the latest being the introduction of the Electronic Foreign Exchange Matching System, which has boosted transparency in the market.

The Central Bank of Nigeria (CBN) has unveiled two new digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, have been listed to testify against the Chairman of Honeywell Group, Chief Oba ...

At an economic briefing of the joint Senate Committee on Finance, Banking, Insurance, and Other Financial Institutions and National Planning in 2024, the Governor of the CBN, Olayemi Cardoso ...

Walmart announced on Monday that it had unveiled a new logo, part of "a comprehensive brand refresh." The U.S.-based retailer boasted in a news release that the new look — its first change ...

The Central Bank of Nigeria (CBN) has fined nine banks for failing to dispense cash via ATMs during the Christmas holidays The apex bank fined the banks N150 million each, saying that the fines would ...

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The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...