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CBN clarifies cashless policy transaction charges, says ‘if an individual deposits...

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Naira The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is...

CBN targets 70, 000 farmers under Anchor Borrowers Programme in Borno

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Rice farm under ABP The Central Bank of Nigeria (CBN) says it has targeted about 70, 000 farmers and business under its Anchor Borrower...

MPC retains MPR at 13.5%

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Mr Godwin Emefiele The Monetary Policy Committee (MPC) has retained the Monetary Policy Rate (MPR) at 13.5 per cent. Mr Godwin Emefiele, the Governor of...

Policy uncertainties, others threaten medium-term outlook – CBN’s committee

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CBN Office The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has expressed concern that persistence of policy uncertainties, financial vulnerabilities and rising geo-political...

CBN okays AIP to 3 payment service banks

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CBN In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to deposit products and...

Cashless policy begins March 2020 as CBN reduces, unbundles charges on...

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CBN To further promote a cash-less economy and enhance the collection of applicable government revenues, the Central Bank of Nigeria (CBN) has announced a...

CBN Injects $210m into Forex Market

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CBN The interbank segment of the Foreign Exchange Market has received another boost of $210 million from the Central Bank of Nigeria (CBN) following...

Forex Intervention: CBN Injects $321.11 Million, CNY 33.3 Million Into Retail...

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Central Bank The Central Bank of Nigeria (CBN) has made another intervention in the Retail Secondary Market Intervention Sales (SMIS) to the tune of...

Customers will continue to return mutilated notes to banks after Sept.2,...

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The Central Bank of Nigeria (CBN) on Saturday said that the general public would continue to return mutilated bank notes to their banks after...

Emefiele: Nigeria to file for stay of execution, set to appeal...

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Nigeria will file for a stay of execution of a London judgment which will make the country lose $9billion of her foreign reserves. This...
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