OPay Wins CBN’s Financial Inclusion Innovation Award
OPay, a leading digital financial services provider, has been recognized by the Central Bank of Nigeria (CBN) with the IFIC ...
Tag: cbn
BREAKING: CBN increases interest rate by 150 basis points to 26.25%
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points ...
CBN orders banks to sell excess dollars in 24 hours
In a bid to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money ...
CBN Removes Cap on Exchange Rates for International Money Transfers
In a significant move towards a more liberalized foreign exchange regime, the Central Bank of Nigeria (CBN) has issued a ...
BREAKING: CBN injects another $500m to tackle forex backlog
The Central Bank of Nigeria (CBN) has injected another $500 million into the market to address the persistent backlog of ...
New Naira: Ganduje Condemns PDP & NNPP’s Support For CBN
Governor Abdullahi Ganduje of Kano State has condemned the support of the opposition Peoples Democratic Party and the New Nigeria ...
CBN Says Old Naira Notes No More Legal Tender In Nigeria
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased ...
Governor Matawalle: We Approached Supreme Court To Save Nigeria’s Economy
Gov. Bello Matawalle of Zamfara said he and his colleagues took the Federal Government to the Supreme Court over the ...
The IMF Asks CBN To Extend The Old Naira Note Deadline
The International Monetary Fund (IMF) has asked the Central Bank of Nigeria to consider extending the February 10 deadline for ...
CBN Issues Fresh Directive To Banks Over New Naira Notes
The Central Bank of Nigeria (CBN) on Thursday 2nd February, 2023 directed commercial banks to start paying the new naira ...
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