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The Central Bank of Nigeria has introduced a new reporting requirement aimed at improving transparency in the country’s foreign exchange market by closely monitoring...
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Business
The Central Bank of Nigeria has officially introduced the Nigeria Payments System Vision 2028, a new strategic framework aimed at strengthening efficiency, driving innovation,...
Business
The Central Bank of Nigeria has shifted the deadline for enforcing its Point of Sale terminal geo fencing framework to July 31, giving operators...
Business
The Central Bank of Nigeria has moved to reassure the public regarding the stability of Union Bank Plc following a recent legal development. In...
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...
