The Central Bank of Nigeria has reviewed its cash withdrawal policy, raising limits across all channels to N500,000 weekly for individuals and N5m for...
Nigeria’s top financial regulators have opted to sustain their aggressive anti-inflation stance, keeping the Monetary Policy Rate (MPR) unchanged at 27 percent.
The decision reflects...
The Central Bank of Nigeria (CBN) has introduced new regulations restricting individuals with outstanding debts and those with blacklisted Bank Verification Numbers (BVNs) from...
A journalist, Mr Musliudeen Atanda Adebayo has enjoined the Economic and Financial Crimes Commission (EFCC), Central Bank of Nigeria (CBN) and the Public Complains...
Governor of the Central Bank of Nigeria, Olayemi Cardoso, along with the bank’s Director of Legal Services, Salam-Alada Kofo, is facing legal action over...
The Central Bank of Nigeria (CBN) has denied reports circulating about the introduction of new N5,000 and N10,000 banknotes, describing them as baseless.
In a...
Nigeria’s Net Foreign Exchange Reserve (NFER) reached $23.11 billion by the end of 2024, marking its highest level in more than three years.
This development...
