CBN Seeks to Stabilise FX Market with $197.71m
The Central Bank of Nigeria (CBN) has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as ...
Tag: CBN
“It’s Fake News” CBN Refutes Plans To Introduce N5,000, N10,000 Banknotes
The Central Bank of Nigeria has debunked reports suggesting plans to introduce N5,000 and N10,000 banknotes, describing them as false ...
LG AUTONOMY: Councils’ Account Opening was Necessary to Ensure Financial Accountability – CBN
The Central Bank of Nigeria (CBN) has commenced profiling the chairmen and signatories to the bank accounts of the 774 ...
CBN Nods Over 91% Corporate Loans Performing
About 91 per cent of loans obtained from banks by companies are performing, the Central Bank of Nigeria (CBN) has said. In ...
Nigeria’s GDP to Grow by 4.17% as Inflation Relaxes in 2025 — CBN Governor
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Thursday, January 23, said the country’s Gross Domestic Product is ...
CBN Begins New Compliance Department February – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department ...
CBN Imposes N1.35 Billion Fine on Nine Banks Over Holiday Cash Distribution Failure
The Central Bank of Nigeria has taken punitive action against nine major banks for their failure to provide adequate cash ...
(BREAKING) ATM CASH SCARCITY: CBN Sanctions Nine Banks N150m Each
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure ...
CBN Faces Legal Battle As Dismissed Staff File Lawsuit
A legal showdown is unfolding between the Central Bank of Nigeria (CBN) and 33 of its former employees, who allege ...
COURT: 33 Ex-Workers Demand N30bn from CBN Over Sacking
Disengaged staff members of the Central Bank of Nigeria (CBN), who were laid off in a mass termination last year, ...
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