CBN

The Central Bank of Nigeria (CBN) has begun moves to sanitise banks internal lending system. The latest action of the apex bank on Monday culminated in issuing a directive to …

Recently, the Central Bank of Nigeria (CBN) announced a major review of Automated Teller Machine (ATM) transaction fees. This review saw a significant increase in ATM transaction cost. The CBN …

The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing foreign exchange from a single authorised dealer per week. According to Dmarketforces …

The Naira has reacted sharply to the Central Bank of Nigeria’s extension of forex sales till May 30. The Naira depreciated at the official market on Monday, trading at N1,495.60 …

Following a recent directive by the Central Bank of Nigeria CBN, many commercial banks and other related financial institutions associated with export handling and financing have announced their immediate withdrawal …

The Central Bank of Nigeria (CBN) on Tuesdsy said it had sanctioned nine commercial banks for failing to dispense cash through automated teller machines (ATMs), during the yuletide season. The …

The Central Bank of Nigeria (CBN) has been sued by its former staff members who were dismissed in a mass layoff in 2024. In a court document seen by TheCable …

…as CBN pulls forex out of commercial banks grip with Retail Dutch Auction System   After over a decade of dangerous racketeering in Nigeria’s foreign exchange market by commercial banks, …

As Nigerians are baffled over the recent hike of interest rate from 26.25% to 26.75% by the Central Bank of Nigeria (CBN), the Manufacturers Association of Nigeria (MAN) and frontline …

Unstable rates for Customs duties payments usually set by the Central Bank of Nigeria (CBN) has taken a toll on importation business and has more than halved vehicle importation in …