Browsing: CBN

Banks Release Updates on Unused Savings Accounts Nigerian deposit money banks (DMBs) have started to inform their customers that unused…

The average yield on Nigerian Treasury bills declined by five or 5 basis points (bps) in the secondary market to 25.2%, traders said in separate notes.

Naira Plunges Ahead of Banks Transition to BMatch FX Platform Deposit Money Banks would be moved to conduct FX trading…

Foreign Investors’ Appetite for Nigeria’s OMO Bills Increase Due to better rate, foreign portfolio investors (FPIs) brought significant amount of…

CBN Launches New Website The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go…

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the bank’s reforms align with efforts to establish a stronger and more resilient African financial architecture.

FX Matching System, Remittances key to Naira Stability – Cardoso The Central Bank of Nigeria (CBN) has assured that the…

Cash: CBN Issues Ultimatum against Banks, ATM Delays The Central Bank of Nigeria (CBN) on Friday advised bank customers to…

CBN Sells US Dollar at Higher Rates to Nigerian Banks The Central Bank of Nigeria (CBN) sold additional US dollars…

The Central Bank of Nigeria (CBN) towards what appears to be the last lap of its intermittent weekly FX intervention