The Central Bank of Nigeria has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system.CBN ...
In this case, with ethnic bias being alleged in the emergence of the 16 newly appointed directors, one is constrained to ask; ...
The Senate ad hoc Committee investigating the Ways and Means facility provided to the Federal Government from 2015 to 2023 has accused the Central Bank of Nigeria of hindering its efforts to determine ...
Independent Newspaper Nigeria on MSN10d
CBN’s Bold Steps Towards Monetary Policy Rate
CBNIn a strategic move reflecting confidence and stability, the Central Bank of Nige­ria (CBN) has chosen to maintain the Monetary Policy Rate at 27.50%. This decision underscores the bank’s ...
The newly imposed ATM withdrawal charges by the Central Bank of Nigeria (CBN) have commenced alongside withdrawal limits of ...
The federal government, through the Central Bank of Nigeria (CBN), raised N2.72 trillion worth of Nigerian Treasury Bills (NTBs) in the first two months of 2025, which is about an 8.6 per cent decline ...
The Central Bank of Nigeria (CBN) has asked the federal high court in Abuja to dismiss the forfeiture application of the ...
DMBs and commercial banks borrowed an estimated N33.97 trillion from the CBN to handle their day-to-day operations.
The Central Bank of Nigeria (CBN) has issued a strong warning to banks that restrict customers from withdrawing up to N20,000 per transaction at Automated Teller Machines (ATMs), despite having ...
A Federal High Court sitting in Lagos has ordered the permanent forfeiture of $1,426,175.14 (equivalent to N2,144,867,578.30) ...
The Central Bank of Nigeria (CBN) conducted an Open Market Operations (OMO) auction on March 6, 2025, attracting N1.88 trillion ...