CBN - Central Bank Of Nigeria
LG Autonomy: “Why CBN delayed funds despite Supreme Court order,” Tinubu’s FG explains
The Nigerian government has explained that direct funding to LGAs has not started despite a Supreme Court ruling, due to lack of necessary modalities.
Parallex Bank MD, Olufemi Bakre, gets tenure extension
In recognition of his outstanding performance, the board of Parallex Bank Ltd approves tenure renewal of Dr Olufemi Bakre as MD of the bank for the next five years.
Federal government approves over 100 new loan apps
There are more options for Nigerians seeking funding, and loans as the Federal Competition and Consumer Protection Commission (FCCPC) approves new loan apps.
“N1,500 Per Dollar”: Analysts explain how FG can crash dollar to lowest as new exchange rate emerges
Analysts have disclosed that the current rate of naira at N1,500 is not the best it can be, stating that the FX rate can still strengthen to N1,000 per dollar.
Flutterwave now allows Nigerians to convert naira to foreign currency directly on its app
The Send App now offers the state-of-the-art foreign exchange solution Swap, created by Flutterwave, Africa's leading payments technology company.
CBN gives new instruction to Zenith Bank, UBA, others as banks set to implement new withdrawal limit
The CBN has recommended banks to ensure that their customers can access cash at their ATMs as the increase in transaction fees for ATMs takes effect on March 1.
CBN orders bank directors to step down over bad loans, gives ultimatum to recover debts
The Central Bank of Nigeria has asked bank directors connected with non-performing insider loans to step down. CBN also issued an ultimatum to ...
CBN instructs Access, UBA, GTBank, other banks to publish details of dormant accounts
The Central Bank of Nigeria has released new guidelines addressed to banks and other financial institutions on the management of dormant accounts and funds.
Nigeria’s foreign reserves balance drop below $40 billion, CBN releases latest balance
Nigeria's foreign reserves have dropped below $40 billion, with the currency reserves now $2 billion lower than at the start of 2025, amid efforts to clear FX debts.
CBN - Central Bank Of Nigeria
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