CBN
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Featured
CBN reduces ATM withdrawal, electronic transfer charges, warns banks
The Central Bank of Nigeria (CBN) has reduced the charges of electronic transfer, ATM withdrawal and card maintenance fees. The…
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Business
CBN’s examination shows breach of rules by BDC operators
Despite the increasing awareness and reforms in the Bureau De Change (BDC) sub-sector, a significant number of operators are below…
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Nigeria
N100bn needed to revive cotton, textile sub-sector – CBN
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says more than N100 billion is needed to…
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Featured
₦500, ₦1000 denominations most commonly counterfeited banknotes- CBN report
The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a…
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Business
CBN tasks financial institutions on modern technology
By Chinyere Joel-Nwokeoma The Central Bank of Nigeria (CBN) on Tuesday urged financial institutions and organisations to embrace technology to…
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Featured
Emefiele rules out interest rate cut this year over inflation
With three more months to wrap up the year, leaving one more rate meetings and inflation rate at 11.02 per…
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National
CBN supports herdsmen to boost dairy production
By Mustapha Sumaila The Central Bank of Nigeria (CBN) will support and integrate small holders, subsistent and nomadic herdsmen through…
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Nigeria
How Nigeria spends $1.2bn to import fish annually – Emefiele
By Mustapha Sumaila The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele says about 1.2 billion dollars worth…
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Featured
CBN imposes extra charges on cash deposits, withdrawals
Withdrawals and deposits of physical cash in Nigeria will now attract processing fees payable by individuals or corporate owners of…
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Business
CBN injects $210m into forex market
By Mustapha Sumaila The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank…
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