Tag: CBN
CBN set to establish Nigerian International Financial Centre -Emefiele
The Central Bank of Nigeria, CBN, has concluded plans to establish the Nigerian International Financial Centre, NIFC,...
CBN, Senate Committee bicker over operational surpluses
The Deputy Governor of CBN in charge of Economic Policy, Dr Kingsley Obiora on Wednesday declared that 80% of the Apex bank's...
CBN releases framework to strengthen cyber security resilience in OFIs
The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber attacks.
CBN Begins Refund of N35m Capital Deposits to BDCs
The Central Bank of Nigeria (CBN) on Thursday says it will start an immediate refund of capital deposits to Bureaux de Change (BDC)...
CBN Supports Over 3 Million Farmers with 756 Billion
The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 smallholder farmers, cultivating 4.6 million...
Naira Gains as Dollar Volume Traded at Investors Window Drops
Nigeria’s local currency, naira, gains as dollar volume traded at the investors and exporters foreign exchange window (IEW) drops 83% amidst scarcity...
Nigeria’s N15trn Capital Base Infrastructure Corp. Commences Operation
Nigeria’s N15 trillion capital base infrastructure Corporation (Infracorp) to commence operation in the third quarter of 2021, Godwin Emefiele, the Central Bank...
CBN Releases Supervisory Framework for Payment Service Banks
The Central of Nigeria (CBN) has released the Guidelines for the Licensing and Regulation of Payment Service...
SERAP sues Buhari over $25b overdrafts taken from CBN
A group, Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari and others at the Federal High...
CBN boosts forex supplies, travellers to access $4,000
Following the Central Bank of Nigeria’s announcement to increase forex supplies, Nigerians travelling abroad can access a maximum amount of $4,000 foreign...
