Tag: CBN
CBN scraps cash deposit limits, raises weekly withdrawal threshold
CBN scraps cash deposit limits, raises weekly withdrawal threshold The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the...
Nigeria’s Foreign Reserve Rises To $46bn
Nigeria’s Foreign Reserve Rises To $46bn The nation’s foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria...
Cardoso seeks collaboration for stronger African credit system
A Deputy Director, Central Bank of Nigeria (CBN), Fidelis Odia, Managing Director and Chief Executive Officer of CreditRegistry, Nigeria, Jameelah Sharrieff-Ayedun, and...
Naira gains further at official market
Naira The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar. Data from the...
Medical Tourism Spending Drops By 52% Under Tinubu -Report
Nigerians spent about $4.74m on foreign healthcare-related services from May 2023 to March 2025. This is according to the latest Quarterly Statistical...
Subsidy removal stabilised economy attracted $8bn energy investments – Cardoso
Olayemi Cardoso Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the removal of petrol subsidy and expenditure rationalisation have helped to...
CBN signs MoU with Bank of Angola on bilateral cooperation
CBN signs MoU with Bank of Angola on bilateral cooperation CBN Governor,Yemi Cardoso and the Governor of the Bank of Angola, Antonio Tiago Diaz signing the MoU...
Nigeria’s Economy On Steady Rebound, Records 6% Trade Surplus – Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday disclosed that Nigeria’s trade surplus has risen to six per cent of the...
CBN Promises To Provide Clean Currency Notes
CBN Promises To Provide Clean Currency Notes The Central Bank of Nigeria (CBN) has reaffirmed its commitment to ensuring the availability of clean currency notes...
14 Banks Have Met CBN’s New Capital Requirement – Cardoso
Cardoso,CBN Governor Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday, said 14 banks have so far met the new regulatory capital requirements...
