MTN Nigeria, leading telecommunications firm has recorded a 29.1 per cent decline in its net profit for the first half of 2023, largely due to the...
Central Bank of Nigeria (CBN) has exempted Microfinance Banks (MfBs) and Primary Mortgage Banks (PMBs) from the cash withdrawal limit policy compliance. In a circular to...
Central Bank of Nigeria (CBN), on Tuesday, raised the Monetary Policy Rate (MPR) or interest rate from 18.5 percent to 18.75 percent. Folashodun Shonubi, acting CBN...
Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE), on Monday signed a Memorandum of Understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge....
Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries, according to...
Central Bank of Nigeria (CBN) has announced that cash deposits into domiciliary accounts will no longer be restricted. The statement by the apex bank came after...
The Central Bank of Nigeria (CBN) has announced the introduction of its digital currency known as the eNaira as a payment option to recipients of diaspora...
Godwin Emefiele, ousted governor of the Central Bank of Nigeria (CBN), has been arrested by the Department of State Services (DSS). This comes after President Bola...
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension...
President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor. “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr...