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Tag "Central Bank of Nigeria (CBN)"

Nigeria signs MoU with Egypt to exchange expertise in fintech, e-payment system

    Nigeria signs MoU with Egypt to exchange expertise in fintech, e-payment system

The Central Bank of Nigeria (CBN) says it has signed financial technology (fintech) collaboration agreements with the Central Bank of Egypt. The apex bank announced the development via its official

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CBN: Nigerians can now collect diaspora remittances in naira

    CBN: Nigerians can now collect diaspora remittances in naira

The Central Bank of Nigeria (CBN) has announced the inclusion of the naira, the country’s legal tender, as a payout option for diaspora remittances. The apex bank also directed that

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Money laundering: Be wary of transactions from Cameroon, Vietnam, CBN tells banks

    Money laundering: Be wary of transactions from Cameroon, Vietnam, CBN tells banks

The Central Bank of Nigeria (CBN) has asked banks and other financial institutions to pay particular attention when conducting transactions with businesses and individuals in certain countries. The countries specified

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CBN directs banks to demand customers’ social media handles for account opening

    CBN directs banks to demand customers’ social media handles for account opening

The Central Bank of Nigeria (CBN) has issued guidelines requiring banks to collect and verify social media handles as part of their know your customer (KYC) procedures. The apex bank

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The next CBN governor

  The next CBN governor

BY TOLULOPE AGUNBIADE The choice of the Nigerian President is as critical for the country as the appointments into key

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Tinubu: CBN’s interest rate too high | I will review naira redesign policy

  Tinubu: CBN’s interest rate too high | I will review naira redesign policy

President Bola Tinubu says the current 18.5 percent interest rate of the Central Bank of Nigeria (CBN) is “too high”. He spoke

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Naira briefly trades N632/$ at I&E window as demand pressure worsens

  Naira briefly trades N632/$ at I&E window as demand pressure worsens

The naira, on Friday, sold for as high as N632 per dollar at the investors and exporters (I&E) window amid

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‘Nigerians will start paying higher prices’ — manufacturers speak on CBN’s interest rate hike

  ‘Nigerians will start paying higher prices’ — manufacturers speak on CBN’s interest rate hike

The Manufacturers Association of Nigeria (MAN) says the latest interest rate increase by the Central Bank of Nigeria (CBN) will

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Naira depreciates to N748/$ at parallel market amid increased demand

  Naira depreciates to N748/$ at parallel market amid increased demand

The naira has dropped to N748 per dollar at the parallel section of the foreign exchange (FX) market, popularly called

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FX repatriation: CBN announces rebate for exporters of unprocessed items

  FX repatriation: CBN announces rebate for exporters of unprocessed items

The Central Bank of Nigeria (CBN) says exporters of raw and unprocessed items will now enjoy a rebate for every

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