CBN

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%.…

10 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…

12 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…

12 months ago

Did The CBN Introduce New N5,000 And N10,000 Banknotes?

An Examination Of Argentina, Iran, Turkey, And Zimbabwe's Experiences With Hyperinflation And Their Shift To Dollarization - By Abioye Tosin…

12 months ago

Has CBN introduced N5,000 And N10,000 notes featuring Chief Obafemi Awolowo, Azikwe’s image?

News Update The Central Bank of Nigeria (CBN) on Wednesday, April 2, 2025 has debunked a fake circular introducing new…

12 months ago

Reps to CBN: Suspend ATM Fee Hike to Ease Nigerians’ Financial Burden

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the increase in automated teller machines…

1 year ago

CBN Jerks Up ATM Transaction Fees

News Update THE Central Bank of Nigeria (CBN) has announced changes to ATM transaction fees, set to begin on March…

1 year ago

BREAKING: CBN unveils digital systems to boost govt efficiency

The Central Bank of Nigeria has unveiled two digital innovations—the Document Flow System and the Ministries, Departments, and Agencies Naira…

1 year ago

Nigerian Govt fines 9 banks over scarcity of cash in ATMs

News Update THE Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing…

1 year ago

CBN Set Daily Withdrawal Limit On POS For Customers

News Update THE Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000…

1 year ago