Tag: CBN

Nigeria’s Economy Shows Signs of Life: PMI Surges Back Above 50

Nigeria's economy, after a brief period of contraction, has shown signs of…

Genesis Obong

Nigeria’s Foreign Reserves Plummet by $832 Million in January

Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…

Genesis Obong

CBN Fines Nine Banks N1.35bn for Failing to Ensure ATM Cash Availability During Festive Season

The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion…

Muhammad A. Aliyu

CBN Introduces Non-Resident Nigerian Accounts for Diaspora Investments

The Central Bank of Nigeria (CBN) has launched two new account options—the…

Yusuf Abubakar

CBN Halts Extension Requests for Export Proceeds Repatriation

The Central Bank of Nigeria (CBN) has announced that it will no…

Yusuf Abubakar

CBN Governor: 1,000 Ex-Staff Voluntarily Exited with Full Benefits

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso,…

Muhammad A. Aliyu

CBN Grants BDCs Temporary Access to NAFEM, Sets $25,000 Weekly Cap

The Central Bank of Nigeria (CBN) has announced that eligible Bureau de…

Muhammad A. Aliyu

CBN Imposes N100,000 per Customer Daily Withdrawal Limit on PoS Terminals

The Central Bank of Nigeria (CBN) has imposed a daily withdrawal limit…

Muhammad A. Aliyu