CBN Policies

The Central Bank of Nigeria (CBN) has set new transaction limits on contactless payments after issuing guidelines for commercial banks and other financial institutions to adopt. In a …

present-day dollar to naira exchange rate. See the black market Dollar to Naira exchange rate for June 27th below to find out what the rate is at the …

The directive is contained in a new CBN customer regulation, which is aimed at further strengthening the identification process in the banking system. The Central Bank of Nigeria …

Nigeria’s total foreign debt increased from N46.25 trillion in December 2022 to N49.85 trillion ($108.30 billion) as of March 31, 2023. Beginning in June 2023, the recently securitized …

Godwin Emefiele’s suspension from his position as governor of the Central Bank of Nigeria (CBN) has been justified by President Bola Tinubu, who has made the decision public. …

The Delta State chapter of the All Progressives Congress has accused the former Deputy Senate President, Ovie Omo-Agege, of allegedly being the brain behind the participation of thesuspended …

Last year, the Central Bank of Nigeria redesigned the naira and set a deadline that was later extended in response to public outcry. The Supreme Court, in a …