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The Central Bank of Nigeria has moved to reassure the public regarding the stability of Union Bank Plc following a recent legal development. In...
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All posts tagged "CBN"
Business
In a notable shift of strategy, the Central Bank of Nigeria (CBN) has officially lowered its benchmark interest rate, known as the Monetary Policy...
Business
In a move to tighten the reins on the country’s financial clearing system, the Central Bank of Nigeria has introduced a much stricter set...
Business
In a strategic move to boost dollar availability for everyday Nigerians, the Central Bank of Nigeria (CBN) has officially cleared licensed Bureau De Change...
Business
The Central Bank of Nigeria (CBN) has moved decisively to enhance the resilience and reliability of electronic payments, issuing a one-month ultimatum to key...
Business
In a move aimed at enhancing transparency and regulating the retail end of the foreign exchange market, the Central Bank of Nigeria (CBN) yesterday...
Business
The Central Bank of Nigeria (CBN) has announced a significant relaxation of its cash management framework, effective January 1, 2026. In a move widely...
Business
The Central Bank of Nigeria (CBN) has issued a formal and urgent disclaimer, strongly warning the public that Zuldal Microfinance Bank Limited is operating...
Business
Banks’ deposits with the Central Bank of Nigeria (CBN) have soared, reflecting a surge in excess liquidity across the financial system. Figures show that...
Business
The Central Bank of Nigeria (CBN) has reported a staggering 568.7% year-on-year increase in commercial banks’ deposits, reaching a total of N146.13 trillion in...
