CBN lifts restriction on $10k deposit for domiciliary account holders
The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers
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MONEY MARKET
CBN officially announces unification of FX windows, stops Naira4Dollar scheme
The Central Bank of Nigeria (CBN) has announced the unification of all segments of the Nigerian forex market. The apex
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CBN revokes licences of 139 microfinance banks, finance companies, primary mortgage banks
The Central Bank of Nigeria (CBN) has revoked the licences of 139 microfinance banks in the country, as well as
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BVN does not expire – CBN
The Central Bank of Nigeria (CBN) has debunked reports suggesting that the Bank Verification Number (BVN) issued by the Bank
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CBN raises Monetary Policy Rate (MPR) to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to
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CBN finally bows to pressure, says old naira notes legal tender
Nearly two weeks after the Supreme Court judgment mandating that the old N,1000 and N500 notes remain legal tender
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CBN introduces open banking
The Central Bank of Nigeria (CBN) has given approval for the operation of Open Banking in Nigeria. Open Banking
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Naira Redesign: Don’t wait for rush hours to deposit old notes, Ecobank advises customers
offers 8% interest on savings Ecobank Nigeria has again called on its customers to approach any of its branches
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Ecobank Group’s digital transactions hit $59.1bn in 9 months
Ecobank Group said it recorded transactions valued at $59.1 billion across its digital channels in the first 9 months
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ICAN speaks on challenges of CBN naira redesign
The Institute of Chartered Accountants of Nigeria (ICAN) has identified five challenges that it says the Central Bank of Nigeria
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