Tag: CBN

OPay has ensured that all funds are insured up to 5 million Naira under the Nigeria Deposit Insurance Corporation (NDIC), ...

Warns Foreign Exchange Dealers to desist from defacing/stamping US banknotes The Central Bank Of Nigeria (CBN) has said that it ...

Dangote noted that no growth will happen Aliko Dangote, the Chairman of the Dangote Group, expressed his strong objection to ...

says foreign currency deposits limited to Abuja and Lagos CBN branches. The Central Bank of Nigeria (CBN) has released new ...

Directed that each bank would be allowed a maximum deposit of $10 million threshold for USD 100 notes and USD ...

Governor Olayemi Cardoso believes the naira's volatility has peaked, citing recent stability and controlled market operations as contributing factors Despite ...

He added that MPC members would continue to keenly monitor inflation trends and ensuring a moderation of inflation numbers. The ...

The move was part of CBN’s commitment to the smooth functioning of the foreign exchange markets and enabling greater remittance ...

.Many have also opined that Nigeria's inflation is largely cost push and not demand pull, hence monetary policies measures taken ...

The Enugu Electricity Distribution Company (EEDC) has sent a disconnection notice to state governments, Central Bank of Nigeria (CBN) offices, ...