Tag: CBN
CBN calls for urgent action over Naira abuse and commoditization
Photo:CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has sounded the alarm over the growing trend of illicit transactions involving...
Ways and Means Facility : Senate accuses CBN of frustrating investigation
Caption : Central Bank of Nigeria The Senate Ad hoc Committee investigating the N30 trillion Ways and Means facility granted to the federal government has...
CBN scraps free withdrawal from other banks’ ATMs
Caption: Automated Teller Machine, ATM ATM The Central Bank of Nigeria has scrapped free withdrawals by customers using the Automated Teller Machines of other...
Naira appreciates against dollar in parallel market as CBN rate remains stable
Nigerian Naira The Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at ₦1,610/$1, representing a gain of ₦20 from...
Naira gains by 0.78% against Dollar at official market
Naira The Naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a Dollar. Data from the FMDQ Security...
CBN waives 2025 licence renewal fee for Bureau De Change operators
Dr Yemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN) has waived the non-refundable annual license renewal fee for Bureau De Change (BDC) operators for the 2025...
Sustain efforts to control Inflation ,World Bank tells CBN
World Bank The World Bank has emphasised the need for the Central Bank of Nigeria (CBN) to sustain efforts to combat rising inflation, which hit 34.8% in...
Debt servicing cost N8.94t as fiscal deficit expands – Special Report
Caption: Wale Edun,Finance Minister The federal government has spent a whopping N8.94 trillion on debt servicing in the first nine months of 2024, representing a...
Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs and Their Families
As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating...
Sterling HoldCo gets additional N75bn capital base..
…cements capital raise with full regulatory approval Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank...
