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Tag: CBN

CBN to sanction banks, BDCs rejecting old, small dollar denominations

The Central Bank of Nigeria has warned Deposit Money Banks to stop…

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‘CBN directive on FX deposit to boost reserves’

Financial experts have said that the latest directive from the Central Bank…

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SERAP demands CBN gov account for missing N100bn dirty notes, others

The Socio-Economic Rights and Accountability Project has urged the Governor of the…

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CBN reforms boost diaspora remittances by $172m in a month

The Central Bank of Nigeria has reported a $172m increase in direct…

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CBN projects lower inflation, says reforms attract $24bn inflow

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary…

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BDCs operators delay compliance with CBN recapitalisation order

Bureau De Change operators in the country have yet to comply with…

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FG spent $15bn on debt servicing in five years — CBN report

The Federal Government has spent a total of $15.55bn on debt servicing…

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13 states show inflation slowdown as CBN policy takes effect

Nigeria’s monthly inflation rate has slowed for the third consecutive month, indicating…

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Reps asks CBN to probe Heritage Bank management

The House of Representatives, on Tuesday, waded into the crisis rocking Heritage…

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CBN guarantees safety of depositors’ funds

The Central Bank of Nigeria has again reassured the banking public of…

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