Central bank, SEC okays FCMB group’s rights offering
The Central Bank of Nigeria and the Securities and Exchange Commission have approved the N147bn rights offer of FCMB Group. ...
Tag: CBN
CBN reports economic growth in Q3 2024 amid recovery efforts
The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 ...
Old Naira notes, N1000, N500 and N200 still valid-CBN
The Central Bank of Nigeria (CBN) has dismissed claims that some denominations of the Naira are no longer valid. The ...
House of Reps orders CBN to suspend staff retirements pending probe
The House of Representatives, on Tuesday, directed the Central Bank of Nigeria, CBN to suspend the retirement of 1,000 staff ...
CBN implements $100,000 minimum trade requirement for banks on FX platform
The Central Bank of Nigeria has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange Matching ...
Court halts CBN’s allocation release to Rivers Govt
Justice Joyce Abdulmalik of the Federal High Court Abuja has stopped the Central Bank of Nigeria (CBN) from further releasing ...
CBN confirms no cutoff date for old N200, N500, N1000 notes
The Central Bank of Nigeria has announced that there is no deadline on the circulation of old N200, N500 and ...
Cardoso champions Africa’s voice at Bretton Woods 80th anniversary forum
ABUJA —The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has concluded his participation in the high-level Bretton Woods at 80 ...
CBN issues clarification amid controversy over recent policy document
The Central Bank of Nigeria has made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For ...
CBN: Diaspora remittance inflows increase by 130 per cent
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows,reaching $553 million in July 2024, a ...
