Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ...
In the early stage of this administration, the banks played a major role in the implementation of the continued use of both ...
Nigeria's central bank raised its key interest rate for the sixth time this year on Tuesday, citing renewed inflationary and ...
Nigeria's central bank raised its benchmark lending rate by 25 basis points to 27.50% on Tuesday, citing renewed inflationary ...
CBN governor Cardoso insisted that empty cash machines will not be tolerated and warned that defaulting banks "will face stringent penalties".
Economists argue that money supply alone does not determine Nigerian inflation and that structural factors need to be ...
The launch of Electronic Foreign Exchange Matching System (EFEMS) by the Central Bank of Nigeria (CBN) has propelled the naira to significant gains, with rates strengthening to N1,587.29 to the dollar ...
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, which was ...
The Central Bank of Nigeria (CBN) has denied that it was forcing its staff to resign from the apex bank. This position was stated by the Acting Director of Corporate Communications, Mrs. Hakama ...
The Central Bank of Nigeria (CBN) has called on the public to report challenges they face accessing cash from commercial banks and ATMs in the country. The move comes amid growing complaints from ...
Central Bank of Nigeria Governor Olayemi Cardoso gave a clear signal that high interest rates would be eased in coming months ...
Effective December 1, 2024, customers are encouraged to report any difficulties withdrawing cash from bank branches or ATMs directly to the CBN through designated phone numbers and email addresses for ...