CBN

The governor of the Central Bank of Nigeria, Olayemi Cardoso has said the bank’s foreign reserves grew significantly by $6bn in 2024 alone, attributing the growth to the policy…
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First City Monument Bank (FCMB) has appointed Felicia Obozuwa as executive director, Corporate Services and Service Management, following approval from the Central Bank of…
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The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability…
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The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated…
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Central Bank of Nigeria (CBN) has introduced a non-resident Nigerian Investment Account (NRNIA) and Non-Resident Nigerian Ordinary Account (NRNOA) to manage funds (both in…
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The Central Bank of Nigeria (CBN) said it has suspended the extension of approvals for the extension of export proceeds repatriation on behalf of exporters, taking effect from…
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Disengaged staff members of the Central Bank of Nigeria, who were laid off in a mass termination last year, have taken the apex bank…
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Data from the Central Bank of Nigeria (CBN) has indicated that the net foreign exchange (FX) inflows into the economy increased by 65.7 percent year-on-year (YoY), reaching…
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The Central Bank of Nigeria (CBN) has said that it did not force 1,000 of its members of staff to quit their job, but they voluntarily opted to retire from the service of the…
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The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have mandated banks to clear a cumulative N250 billion debt owed to telecom operators for…
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