Tag: CBN

The Naira Dollar Exchange Rate recorded further improvement on Friday as the Nigerian currency appreciated against the US dollar across ...

Business leaders expect the Monetary Policy Committee to retain the 26.5% benchmark rate despite mounting calls for lower borrowing costs ...

The Central Bank of Nigeria (CBN) has warned Nigerians, businesses and financial institutions against rejecting the standard N100 banknote, stressing ...

Billionaire investor and philanthropist Tony Elumelu is set to retire as Group Chairman of United Bank for Africa (UBA) on ...

On Thursday, July 2, 2026, at the High Court of the Federal Capital Territory in Abuja, Nigeria, Mr Okpoziakpo Eloho, ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and senior officials of the Nigeria Deposit Insurance Corporation (NDIC) ...

Naira slips dollar demand pushes Nigerian currency lower as FX pressure rises despite stronger reserves and improved inflows The Nigerian ...

CBN orders banks and fintechs to disclose beneficial owners, introduce data localisation, and tighten market structure rules in Nigeria’s payments ...

eNaira payments could be used for salaries, pensions and welfare benefits under a new CBN roadmap to expand digital currency ...

CBN foreign exchange penalty regime imposes N100m fines, stricter FX rules, and sanctions on banks and exporters in sweeping compliance ...