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Central Bank of Nigeria

Nigeria: Experts charge new CBN management to work with fiscal authorities

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso takes over the daunting job of breathing fresh…

Nigeria: Escalating Interest Rates Aggravate Housing Crisis and Dampen Investment Activity

The Central Bank of Nigeria has hiked interest rates from 11.5% in April 2022 to 18.5% in July…

Central Bank of Nigeria Achieves N406.1bn from Treasury Bills in July

In July 2023, the Central Bank of Nigeria (CBN) witnessed a significant surge in the fixed income market,…

Central Bank of Nigeria: Banks now required to obtain customers’ social media handles

The Central Bank of Nigeria (CBN) has introduced new regulations that require banks to collect the social media…

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Nigeria: Central Bank of Nigeria renews Cellulant’s Payment Service Solution Provider License

The Central Bank of Nigeria has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables…

Polaris Bank begins dollar payout to money transfer recipients

Polaris Bank has commenced payment of US dollars to all beneficiaries of money transfer across all its branches…