Central Bank of Nigeria (CBN)
CBN issued IMTOs Naira access to boost remittances
The Central Bank of Nigeria (CBN) says it has implemented new measures to allow eligible international money transfer operators (IMTOs) to access naira...
CBN denies plans to revoke licences of Unity Bank, Polaris Bank, Keystone Bank
The Central Bank of Nigeria (CBN) has described as false the news that it is planning to revoke the licenses of Unity, Polaris,...
Naira surges by 9.68% at the official window, closing at N1,339.33/$1
The Nigerian naira appreciated significantly against the US dollar on Monday, closing the day at N1,339.33/$1 in the official foreign exchange market. This...
CBN directs banks to charge 0.5% cybersecurity levy on transactions
The Central Bank of Nigeria (CBN) has directed banks to implement a 0.5 percent cybersecurity levy on transactions by customers. In a statement,...
CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam
The Central Bank of Nigeria (CBN) has issued another circular to Bureau De Change (BDC) operators, informing them that direct sales of US...
Dr. Kingsley Obiora: A Renowned Economist and Champion of Economic Development
By Sunday Adebayo Dr. Kingsley Obiora, a former Deputy Governor of the Central Bank of Nigeria (CBN), is a highly respected economist with...
