Currency in circulation down by N42.43bn in two months
Figures from the Central Bank of Nigeria (CBN) show that currency in circulation fell by N42.43bn between January and March. ...
Tag: CBN
CBN warns Nigerians to beware of dubious financial institutions
The Central Bank of Nigeria (CBN) has warned Nigerians to beware of dubious financial institutions moving around to dupe them. ...
CBN fines Stanbic IBTC N200m for hiding crypto deals by customers
The Central Bank of Nigeria (CBN) imposed N200 million fine on Stanbic IBTC Bank for permitting crypto transactions by customers ...
Nigeria’s imports up by N12.11trn despite efforts to grow local production
Data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics (NBS) show that 2016 and 2021 ...
2023: Emefiele can’t be trusted, APC leaders reject CBN gov’s candidature
The alleged presidential ambition of Mr. Godwin Emefiele, governor of Nigeria's apex bank, the Central Bank of Nigeria (CBN), may ...
CBN imposes N400 penalty on banks for every mutilated N100 note
Nigeria's central bank, CBN, has imposed a penalty of N400 on deposit money banks (DMBs) for every mutilated N100 sent ...
Reps ask CBN to force Nigerians to use coins to check inflation
Nigeria's house of representatives has asked the Central Bank of Nigeria (CBN) to enforce the use of coins as a ...
CBN says it disbursed N1.3trn to power sector in five years
The Central Bank of Nigeria (CBN) says it has disbursed over N1.3 trillion to support power supply to Nigerians in ...
BREAKING: CBN retains interest rate at 11.5%
The Central Bank of Nigeria (CBN) has retained interest rates at 11.5 per cent, as the country struggles with high ...
Nigeria’s agric imports up 42% to N1.9trn despite CBN interventions
Nigeria's agricultural imports surged by 42% to N1.97 trillion in 2021, up from N1.19 trillion recorded in 2020, despite the ...