The Central Bank of Nigeria (CBN) has intervened in the financial crisis rocking the nation’s aviation sector with the release of the sum of $265 million...
The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) for its eNaira to enhance financial inclusion in the country. The CBN...
The Central Bank of Nigeria (CBN), digital currency, eNaira has recorded 200,000 volumes and four billion Naira value of transactions since its inauguration in 2021. Mr...
The Director, Monetary Policy Department at the Central Bank of Nigeria (CBN), Dr Mahmud Hassan says the global economic crisis has affected the fiscal balance of...
By CLEMENT NWOJI, Abuja The Central Bank Digital Currency (CBDC) otherwise known as the eNaira, is undergoing what may be termed ‘cautious adoption’ by users just...
The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to speculative activities of some players in the foreign exchange market. Mr Osita Nwanisobi,...
The Central Bank Nigeria (CBN) has filed a motion on notice, challenging court’s order to pay former Taraba governor, Jolly Nyame and three others pension arrears...
Against the backdrop of heightened 2023 electoral activities, the Central Bank of Nigeria (CBN) has warned against conversion of Naira to foreign currency and unauthorized movement...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its...
By CLEMENT NWOJI, Abuja The launch of the Nigeria Quick Response (NQR) Code on March 16, 2021, by the Nigeria Inter-Bank Settlement System Plc (NIBSS) in...
R-L: Governor, Central Bank of Nigeria, Mr Godwin Emefiele; Director, African Department, International Monetary Fund, Mr Abebe Selassie; Governor, Bank of Ghana, Mr Ernest Kwamina Yedu...
By Barnabas Eke (Lagos) With the current unstable accruals in the Foreign Exchange (FX) Reserves; dwindling from $39,650 billion in April to $38,540 billion in May...