CBN Mulls Stringent Regulations to Address Fintech Security Challenges
By Adedapo Adesanya The Central Bank of Nigeria (CBN) says it will continue to implement more policies to tackle cybersecurity ...
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Tag: CBN
CBN Removes Price Verification System For Importers’ FX Access
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal, ...
CBN Assures Depositors’ Funds Safety, No Further Licence Rovocation
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has again reassured members of the banking public of the safety ...
CBN Raises Import Duty 14% to N1,327.35/$1 as Naira Weakens
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has once again raised the customs import duty at the nation’s ...
Naira Now N1,136/$1 Amid Persistent Inflationary Pressures
By Adedapo Adesanya The Naira appreciated further against the United States Dollar by 0.6 per cent or N6.34 at the ...
NDIC Supports CBN’s Move to Recapitalise Nigerian Banks
By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move ...
CBN Prohibits Use of Foreign Currency Collaterals for Naira Loans
By Adedapo Adesanya The Central Bank of Nigeria (CBN), in its latest move to strengthen the local currency and sanitise ...
Naira Firms to N1,431/$1 at NAFEM, N1,465/$1 at Black Market
By Adedapo Adesanya The Naira continued to edge the US Dollar and completed a whole week of gains in the ...
Banks Can’t Pay Dividends from FX Revaluation Gains—CBN Insists
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has maintained its stance against the payment of dividends to shareholders ...
CBN, Gluwa to Drive eNaira Adoption After Binance Exit
By Adedapo Adesanya The Central Bank of Nigeria (CBN) and a blockchain credit infrastructure company, Gluwa, have crafted a partnership ...
