CBN withdraws policy guidelines over misinterpretation
The Central Bank of Nigeria has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy ...
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Tag: CBN
CBN to earn N50bn from new cybersecurity levy
The Central Bank of Nigeria is forecasted to generate around N50 billion by the close of ...
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CBN slashes cybersecurity levy to 0.005% on electronic transactions
The Central Bank of Nigeria has significantly revised the cybersecurity levy on electronic transactions, lowering it ...
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CBN caps forex sales at $5,000 for BDCs
The Central Bank of Nigeria has introduced a policy limiting foreign exchange cash sales to $5,000 ...
Read moreCBN may pause increase in interest rate — Report
Nigeria’s inflation rate dropped to its lowest level in six months during August, potentially providing the ...
Read moreNigeria’s external reserves hits $424.68m – Report
Nigeria’s external reserves experienced a notable boost of $424.68 million between August 30 and September 10, ...
Read moreExternal debt servicing hits $2.78bn – CBN
Nigeria's debt servicing for the first seven months of 2024 surged by 53.63% to $2.78 billion, ...
Read moreNigeria’s private sector loans hit 33.69% in one year – CBN
Nigeria's private sector saw a substantial boost in loans, with a notable 33.69 percent rise to ...
Read moreRemittance inflow hits $553m in July – CBN
The Central Bank of Nigeria has reported a remarkable surge in remittance inflows, which reached $553 ...
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Foreign investors boost Nigerian banks amid recapitalization – CBN
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, recently revealed that foreign investors ...
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