CBN

Nigerians feel the bite of cash scarcity as banks set daily withdrawal limit as low as N5,000, compelling customers to rely on POS operators for cash.

Through the new forex system, EFEMS, the naira has appreciated considerably on the official and parallel forex markets.

CBN warns banks against naira hawkers sales, has Clean Notes Policy.

Aspects of Nigeria’s 2024 Securities Bill challenged by CBN, Finance Ministry.

Banks breaking consumer protection standards face larger fines from CBN.

The Central Bank of Nigeria (CBN) has been asked to begin the staggered withdrawal of the old N200, N500, and N1,000 notes ahead of the December 31, 2024 deadline, following …

Nigeria’s Central Bank says the country’s external reserve has climbed to $40.2 billion — enough to cover 14 months of imports — as remittances from the diaspora stand at $650 …

The Central Bank of Nigeria has tightened liquidity by mopping up N7.6 trillion, aiming to curb inflation and stabilize the naira, though business growth may be impacted.

CBN Governor Yemi Cardoso discusses how for one, exporting petroleum from the Dangote Refinery will ease pressure on the FX, the outcome of passenger and freight charges consistent with food …

CBN raises interest rate to 27.25 percentage, and raises the CRR for all money deposit banks to 50 percentage