Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the defunct Heritage Bank,...
Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 per...
Central Bank of Nigeria (CBN) has said that it has temporarily withdrawn the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines for Fiscal Years 2024 –...
Central Bank of Nigeria (CBN) has constituted a full Board of Directors for Polaris Bank, Nigeria’s leading digital commercial retail Bank in a major transition that...
Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005 per cent on all electronic transactions under its...
Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move announced on Wednesday, is part of the apex bank’s strategy to...
President Bola Tinubu has not asked Yemi Cardoso to resign from his position as the governor of the Central Bank of Nigeria (CBN), according to Bayo...
Central Bank of Nigeria (CBN) has announced new regulations for processing Point of Sale (PoS) transactions across the country, directing that all POS transaction are to...
Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at a rate of N1,580 per dollar. In a...
Nigerians borrowed a total of N4.82 trillion from banks between January and March this year, according to the First Quarter 2024 Economic Report published by the...
