CBN Launches New Forex Rules for BDC Operators to Improve Transparency
The Central Bank of Nigeria (CBN) has introduced a new set of rules to regulate how Bureau De Change (BDC) ...
Tag: CBN
Nigeria’s External Reserves Rise to 17-Year High of $51.86 Billion, Exceed CBN’s 2026 Forecast
Nigeria's gross external reserves climbed to $51.86 billion as of July 14, 2026, their highest level in more than 17 ...
CBN May Increase Interest Rates as 2027 Election Spending Raises Inflation Concerns
Nigeria’s benchmark interest rate could rise in the second half of 2026 as the Central Bank of Nigeria (CBN) responds ...
Standard Chartered Cuts Nigeria Rate Cut Forecast on Inflation
Standard Chartered has significantly lowered its expectations for monetary policy easing in Nigeria, forecasting that the Central Bank of Nigeria ...
Federal Government Raises N5.08 Trillion from Bond Sales as Investor Interest Remains Strong
The Federal Government borrowed N5.08 trillion from Nigeria’s domestic bond market between January and June 2026, showing a major increase compared to ...
Naira Falls to N1,381/$ Despite Nigeria’s FX Reserves Rising to $51.7bn
The naira extended its decline against the US dollar at Nigeria's official foreign exchange market during the week ended Friday, ...
Sterling Financial Holdings Strengthens Board with Two New Director Appointments
Sterling Financial Holdings Company Plc has appointed two experienced professionals to key leadership positions as part of its efforts to ...
CBN Warns Businesses Against Rejecting Standard ₦100 Banknotes
The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutions against rejecting the standard ...
CBN Revokes 46 Microfinance Bank Licences to Strengthen Nigeria’s Financial System
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks in a move aimed at ...
CBN to Raise N2 Trillion Through Treasury Bills in July to Reduce Excess Cash
The Central Bank of Nigeria (CBN) has announced plans to raise N2 trillion through Treasury Bills (T-bills) in July 2026 as part ...
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