By Dipo Olowookere Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said that capacity deficits remained a major challenge facing countries in...
The lending rates of banks in Nigeria may experience a further push up this week as the Central Bank of Nigeria (CBN) continues its contractionary monetary...
The Nigerian government has placed orders for the massive importation of kerosene into the country, Punch reports. This is in a bid to check the arbitrary...
The Central Bank of Nigeria (CBN) has maintained that Skye Bank is neither distressed nor liquidated. The apex bank in the land made this clarification following...
The maximum amount of Dollars that could be sold to the Bureau De Change (BDC) operators in the country has been increased from $30,000 to $50,000...
Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc the license to operate electronic commerce services in Nigeria, Business Post has been notified. A statement...
The Central Bank of Nigeria (CBN) has announced the extension of registration for the Bank Verification Numbers (BVN) for Nigerian customers living abroad. In a circular...
Nigerians have been advised by the Central Bank of Nigeria (CBN) to be careful of unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in...
Banks and Forex dealers in Nigeria have been instructed to sell the US Dollar to intending pilgrims at the rate of N197 to $1. The Central...
Banks operating in Nigeria have been directed by the Central Bank of Nigeria, CBN, to now accept cheque deposits into savings account. This directive was contained...