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The Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of issuing illegal flow of mint naira...
The Central Bank of Nigeria (CBN) has clarified that all naira banknotes, including the old and new designs of the ₦1000, ₦500, and ₦200 denominations, as...
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal tender and cannot expire or be...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria...
Nigeria’s broad Money Supply (M²) surged by 48.3% year-on-year (YoY) to reach N107.7 trillion in October 2024, up from N72.6 trillion in the same period of...
The exchange rate between the naira and the US dollar fell to approximately N1,745/$1 on the parallel market on Wednesday, marking a sharp decline from the...
The Naira has regained value against the US dollar in the official foreign exchange market, just 24 hours after experiencing a depreciation. Central Bank of Nigeria...
OPAY received the CBN’s IFIC Award for Financial Inclusion Innovation at the 2024 International Financial Inclusion Conference, which brought together global leaders to advance financial inclusion...
By Tunde Odesola Four eyes lock in combat. Two belong to a snake. The other two belong to a former President, whose lipless mouth, pointed nose...
The Central Bank of Nigeria (CBN) has clarified that its Early Exit Package (EEP) is voluntary, with no negative consequences for eligible staff members who choose...