CBN

CBN reveal :Payment downtime spiked in Detty December

The Central Bank of Nigeria, CBN, has disclosed that payment system downtime and service interruptions increased significantly during the December festive…

1 day ago

CBN Grants National Licences to Opay, Moniepoint, PalmPay, Others

The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and…

1 week ago

CBN Announces New Withdrawal Limits Nationwide

News Update THE Central Bank of Nigeria has released fresh cash withdrawal rules that will take effect in January 2026.…

2 months ago

CBN Holds Interest Rate at 27%

News Update THE Central Bank of Nigeria has, for the fourth consecutive time this year, held its benchmark interest rate…

2 months ago

CBN reduces interest rate for first time in 2025

News Update THE Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s interest rate to 27.00…

4 months ago

CBN: Lending rates may fall as inflation eases

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has hinted that lending rates may decline in the…

5 months ago

CBN’s early exit package not targeted at Northerners — Dep gov

The Central Bank of Nigeria has reiterated that its Early Exit Package implemented in 2024 was entirely voluntary and not…

6 months ago

CBN Gives Order On Interest Rate

News Update THE Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) unchanged at 27.5%.…

9 months ago

Osun PDP, APC React To CBN’s Rejection Request Over Councils Bank Account

News Update THE Osun chapter of the Peoples Democratic Party, PDP, has berated the purpoted reinstated chairmen and councillors of…

10 months ago

Nigeria posts $6.83bn Balance of Payments surplus in 2024 — CBN reports

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024…

10 months ago