Tag: CBN

Says the rate pause was necessary following the recent inflation decline The Central Bank of Nigeria Monetary Policy Committee has ...

A dormant account refers to a bank account that has remained inactive for at least one year The Central Bank ...

However, the latest inflation rate following the CPI rebasing has raised eyebrows among the citizenry with many saying the sudden ...

The Central Bank of Nigeria's new ATM policy, effective March 1, 2025, charges N100 for withdrawals from other banks' ATMs ...

Keystone Bank continued operations normally despite a court ruling ordering the forfeiture of its assets to the federal government The ...

CBN said the review was necessary due to rising costs and the need to improve efficiency of ATM services The ...

Despite the decline in the country’s external reserves, the Naira had remained relatively stable at below the N1,500 per dollar ...

Ayeni also mentioned that the council, through its regional and state offices, has begun integrating informal border trade into the ...

Cardoso said the FX Code is aimed at ensuring transparency and checking unethical practices in the country’s financial sector. The ...

The Code draws on the principles from the Global FX Code and best practices adopted in leading jurisdictions The Central ...