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CBN holds interest rate at 26.5% 

      The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained Monetary Policy Rate (MPR) at 26.5% at it’s meeting that...

NCC, CBN Sign MoU for Consumer Safety, Inaugurate Committees for Protection against Fraud

Caption L – R: Olatokunboh Oyeleye, Director, Cybersecurity and Internet Governance, Nigerian Communications Commission, NCC; Dr. Aminu Maida, Executive Vice...

Naira closes week with minimal loss at official market

    Naira     The Naira closed the week with slight loss at the official market, trading at N1,343.63 against the U.S. dollar. According to data...

Naira gains N12.50 at official market

  The Naira on Thursday further appreciated at the official market trading at N1,359.31 against the US dollar. According to data released on the official website of...

Nigeria’s Monetary Reset: How the CBN Earned Global Central Bank of the Year 

Nigeria’s Monetary Reset: How the CBN Earned Global Central Bank of the Year   In a world where central banks are judged by credibility, discipline, and the...

CBN spells new deadline for Banks,Fintech on automated AML systems

CBN spells new deadline for Banks,Fintech on automated AML systems     Banks, mobile money operators, international money transfer operators and other...

Naira appreciates to N1,401.40

Naira       The naira appreciated at the official market on Tuesday, trading at N1,401.40 against the United States dollar, according to data published by...

Recapitalisation:30 banks have met minimum capital requirements, says CBN

Recapitalisation:30 banks have met minimum capital requirements, says CBN   CBN The Central Bank of Nigeria (CBN) says 30 banks have met the minimum capital...

CBN approves weekly sale of $150,000 to BDCs

  Participation   The Central Bank of Nigeria (CBN) says it has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign...

Naira gains N11.93 at official market

  Naira The Naira on Monday opened the week with gain at the official market trading at N1,354.25 against the U.S. dollar. According to data released on the...