says CBN

The Central Bank of Nigeria (CBN) has amended the operational guidelines on global standing instruction (GSI). The GSI is a policy that allows banks to debit the accounts of loan holders in other banks to settle defaults. In a…

The Central Bank of Nigeria (CBN) plans to introduce digital currency before the end of the year, its Director Information Technology, Rakiya Mohammed, said on…

Did you travel to the UK and urgently need some FX to fund your debit card? Sorry, you now have to return to Nigeria, buy the dollar, pay into your card and return to the UK to continue…

The Central Bank of Nigeria on Sunday described as fraudulent the operations of a fraudulent twitter handle, @YusufPhilipYila, purported to belong to the bank’s Director,…

Foreign investors wishing to repatriate their funds from Nigeria can safely do so, the Central Bank of Nigeria (CBN), has assured. CBN Governor Godwin Emefiele at the…

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said the outbreak of the coronavirus pandemic would lead to massive economic crisis capable of…

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said Dangote Refinery will employ over 70,000 Nigerians when it begins operation. He said the various policies of the Federal…