CBN: Nigeria's CBDC 'a Safer Option' Than Privately Issued Cryptocurrencies - As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has ...
Expectations, doubts greet CBN’s e-naira as October 1 launch date draws near - After four years of researching and seeking perfection for its digital currency, the Central Bank of Nigeria (CBN) ...
CBN warns banks against FX malpractice, threaten sanctions - Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has warned that banks involved in any form of foreign exchange (FX) malpractice ...
Nigeria’s central bank denies converting customers’ domiciliary accounts to naira - The Central Bank of Nigeria (CBN) has said it did not direct banks to convert all customers’ domiciliary accounts into ...
Nigeria’s central bank’s clampdown on fintech firms may hinder investments - Finance and investment analysts at the weekend flayed the Central Bank of Nigeria (CBN)’s decision to freeze the bank accounts ...
CBN places limit of N1m per transaction for microfinance banks loan - The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per ...
CBN may Sanction Microfinance Banks for illegal Forex Trading - The Central Bank of Nigeria (CBN) has threatened to sanction and revoke the licences of microfinance banks found to be engaged ...
Nigeria’s central bank freezes company accounts over alleged fraud - The Federal High Court, Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts of some ...
Naira Loses 0.21% to Trade N411.67/$1 at I&E - The Naira started the new trading week on a wrong note as it depreciated against the Dollar by 87 kobo or 0.21 ...
Improved Vaccination Will Push up Nigeria’s GDP Growth, CBN Predicts - The Central Bank of Nigeria (CBN) has estimated that Nigerian GDP will grow by 3 percent by the end of ...
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