CBN restricts forex for importation of cassava products

  The Central Bank of Nigeria has said it will no longer provide foreign exchange for…

CBN commences charges on deposits and withdrawals above N500,000

The Central Bank of Nigeria on Tuesday said that the nationwide implementation of the cashless policy…

CBN’s Centres Of Excellence To Aide Varsities Global Competitiveness

Central Bank of Nigeria (CBN) has embarked on a centre of excellence project meant to shore…

CBN unveils sanctions against banks, others on e-payment infractions

The Central Bank of Nigeria has announced a series of new sanctions that will be meted…

External reserves drop to $43.67bn in five months

Nigeria’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29…

Nigeria spent $14bn on food import in five years

Food product imports gobbled up $14.05bn of the foreign exchange supplied by the Central Bank of…

MPC members worry over FG, states’ debts

  Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed…

CBN to auction N208bn treasury bills

The Central Bank of Nigeria is scheduled to roll over maturing bills worth N208bn through the…

CBN sets limits for banks on non-performing loans

The Central Bank of Nigeria (CBN)has set new limits for banks and other financial institutions on…

CBN to include more items under forex ban

Governor of Central Bank of Nigeria, Mr Godwin Emefiele, said on Monday that more items would…

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