CBN

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday reduced the country’s benchmark interest rate, the Monetary Policy Rate (MPR), from 27.5 per cent to 27…

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has restated the apex bank’s resolve to sustain macroeconomic stability, strengthen the banking sector, and position…

Approximately 1,500 Bureau De Change (BDC) operators across Nigeria are at risk of shutting down following the expiration of the Central Bank of Nigeria’s (CBN) recapitalisation deadline on…

The Central Bank of Nigeria (CBN) has announced a $6.83 billion Balance of Payments (BOP) surplus for 2024, marking a significant shift from the deficits recorded in the previous…

The Central Bank of Nigeria (CBN) has dismissed reports claiming it introduced N5,000 and N10,000 banknotes, labeling the information as false and misleading. In a statement shared on its…

The Naira strengthened against the Dollar at the official market on Monday, trading at N1,497.11/$1, as the Central Bank of Nigeria (CBN) sustained its foreign exchange (FX)…

The Central Bank of Nigeria (CBN) says it has eliminated the three free monthly withdrawals transaction fees for customers using other banks’ Automated Teller Machine (ATMs) from March 1.…

The Central Bank of Nigeria (CBN) has reiterated that all versions of the naira, including the old and new designs of ₦1000, ₦500, and ₦200 denominations, as well as the commemorative and…

The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on Dec. 2. Acting Director, Corporate Communications, CBN, Mrs Hakama…

The Central Bank of Nigeria (CBN) has issued a December 1 ultimatum for banks to resolve cash withdrawal issues at ATMs and branches, urging customers to report any difficulties directly to…