The naira’s ongoing rally in both official and parallel markets highlights the success of financial sector reforms driven by the Olayemi Cardoso-led Central Bank of Nigeria (CBN). This rally reflects ...

Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential ...

The reason for this reality is because the trade surplus (5%-15%) is not enough for our current foreign reserve and dollar ...

Vice President Kashim Shettima urges CBN and banks to address cash scarcity and high POS charges, emphasizing the need for ...

Nigerian central bankers, emboldened by stronger-than-expected third quarter economic growth, are set to extend their more ...

Vowed to intensify its oversight roles to enforce this directive and ensure compliance The Central Bank of Nigeria (CBN) has ...

ShareWith the Chartered Institute of Bankers of Nigeria’s (CIBN) annual bankers’ dinner providing a platform, over the years, ...

ShareThe Central Bank of Nigeria (CBN) has released the phone numbers and emails of its branches in each of the county’s 36 ...

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 ...

CBN is set to retire approximately 1,000 employees by the end of the year, according to reliable sources within its ...

The Central Bank of Nigeria (CBN) has imposed a hefty fine of ₦15 billion ($9 million) on 29 banks for violating anti-money ...