Based on the recent capital requirements issued by the Central Bank of Nigeria (CBN) for commercial, non-interest, and merchant banks on Thursday night, 25 banks operating...
Bank mergers are on the horizon as the Central Bank of Nigeria (CBN) has increased the minimum capital thresholds for banks. The CBN announced this through...
The Central Bank of Nigeria (CBN) has allocated $10,000 to Bureau De Change (BDC) operators at an exchange rate of N1,251 per United States dollar, as...
Reportedly, Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), is contemplating the dismissal or retirement of eight directors who were employed during the...
Less than a day after reducing the rate, the Central Bank of Nigeria (CBN) increased the exchange rate used for calculating Customs duties at the country’s...
Former Secretary to the Government of the Federation (SGF), Boss Mustapha has said the signature of ex-President Muhammadu Buhari was forged by those who withdrew $6,230,000...
The Senate Committee on Banking, Insurance, and Financial Institutions is conducting a session with Olayemi Cardoso, the Governor of the Central Bank of Nigeria, as reported...
This includes an allocation of N600 billion for the 364-day bills and N200 billion each for the 182-day and 91-day bills. The allocation of N600 billion...
The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market has raised mixed concerns in the...
Growing concerns are arising among employees as the Central Bank of Nigeria (CBN) initiates the decongestion of its Abuja head office, impacting 1,533 staff members. A...