The naira also recorded gains at the official market, appreciating by 2.08 per cent, or N32, as the dollar was quoted at N1,535 yesterday compared to Thursday’s closing rate of N1,567 at the Nigerian ...
Vice President Kashim Shettima has called on the Central Bank of Nigeria and commercial banks to urgently address the growing ...
The naira appreciated to N1,600 per dollar at the parallel section of the foreign exchange (FX) market on Friday.
President, Chartered Institute of Bankers of Nigeria (CIBN), Prof. Pius Olanrewaju, said with the early success of the ...
Nigerian central bankers, emboldened by stronger-than-expected third quarter economic growth, are set to extend their more ...
CBN has introduced specific phone numbers and email addresses for customers to report challenges in accessing cash.
ShareWith the Chartered Institute of Bankers of Nigeria’s (CIBN) annual bankers’ dinner providing a platform, over the years, ...
Nigeria's Central Bank (CBN) has decided to take action to address the cash shortage at ATMs. Starting on December 1, commercial banks failing to supply their ATMs and branches with cash will face ...
Economists argue that money supply alone does not determine Nigerian inflation and that structural factors need to be ...
The Central Bank of Nigeria (CBN) has imposed a hefty fine of ₦15 billion ($9 million) on 29 banks for violating anti-money ...
The Central Bank of Nigeria (CBN) reportedly plans to retire about 1,000 employees and offer N50 billion in retirement ...
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has appealed to Nigerians not to leave the country amid economic ...