Tag: CBN

The Nigerian naira strengthened against the United States dollar in both the official and parallel foreign exchange markets on Monday, ...

Five investors now hold a combined 72.35% stake in Abbey Bank Plc following the completion of a ₦64.55 billion private ...

The Nigerian naira ended the week weaker against the United States dollar, with the latest official market rate at ₦1,331/$ ...

The Nigerian naira weakened against the United States dollar on Friday, September 18, 2026, in both the Nigerian Foreign Exchange ...

The Central Bank of Nigeria’s January 1, 2027 deadline for payment data localisation could increase cost pressure on smaller fintech ...

The Central Bank of Nigeria (CBN) has continued to cut yields on short-term naira securities, with rates on Open Market ...

The Central Bank of Nigeria (CBN) has elevated terrorism financing supervision to a current regulatory priority, signalling tougher scrutiny of ...

For a busy PoS agent, having many customers should be good for business. But Nigeria’s cash-out limit can create an ...

President Bola Tinubu has challenged Nigerian banks to turn the stronger balance sheets created by their recent recapitalisation into affordable ...

A Federal High Court in Abuja on Monday, 7 September 2026, sentenced two Bureau De Change (BDC) operators to five ...