Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

BVN numbers increase in Nigeria after directives from the Central Bank of Nigeria (CBN) and the National Pension Commission (PenCom). Photo credit: Sia Kambou/AFP Source: Getty Images This represented ...

The Central Bank of Nigeria (CBN) has introduced two new account types for Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment ...

New data from the CBN has shown that over 95% of loans were gotten from microfinance banks in 2024, leaving the commercial banks to scramble for 5% The data also shows a year-on-year decline in loans, ...

He also urged the public to disregard reports of delayed disbursement of funds to various councils across the nation. He said, “The CBN is presently awaiting directives from the Federal Government to ...

Speaking with Sunday PUNCH on Friday, the National Publicity Secretary of the Association of Local Governments of Nigeria, Hamisu Anani, confirmed that LGAs would open accounts with the CBN as ...

This trend coincides with a series of interest rate hikes implemented by the CBN under Governor Olayemi Cardoso. Since assuming office, Cardoso has overseen six consecutive increases in the ...

The Central Bank of Nigeria (CBN) has unveiled two new digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, have been listed to testify against the Chairman of Honeywell Group, Chief Oba ...