CBN Restructures Internal Departments, Announces Project RISE
The Central Bank of Nigeria (CBN) has introduced a new structural framework aimed at enhancing its operations. Named Project RISE ...
Tag: CBN
External Debt Servicing Reaches $2.78bn — CBN Report
Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, ...
Next-of-Kin Can Now Claim Funds in Dormant Accounts — CBN
The Central Bank of Nigeria (CBN) has said that next-of-kin, legal representatives or beneficial owners can now claim unclaimed balances ...
Amid Naira Fall, CBN Sells $148m to 29 Authorised Dealers
The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign ...
NEW GUIDELINES: BDCs Operators Yet to Comply with CBN Recapitalisation Order
Bureau De Change, BDC, operators in the country have yet to comply with the new guidelines for the operations of ...
DEBT SERVICING: FG Spent $15bn in Five Years — CBN Report
The Federal Government has spent a total of $15.55bn on debt servicing between 2019 and 2024, according to the latest ...
HERITAGE BANK: NDIC Repays Depositors as Customers Back CBN
The Bank Customers Association of Nigeria has supported the revocation of the licence of Heritage Bank by the Central Bank ...
Reps to Investigate ‘Mass Retrenchment’ of CBN Workers
The House of Representatives has passed a resolution to investigate the mass retrenchment in the Central Bank of Nigeria (CBN). ...
‘Reverse Recapitalisation Guidelines’ – BDC Operators Urge CBN
The Association of Bureau De Change Operators of Nigeria has demanded that the Central Bank of Nigeria reverse the new ...
BREAKING: CBN Increases Interest Rate To 26.25%
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has increased the benchmark interest rate to 26.25 per ...
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