The Central Bank of Nigeria has banned the use of foreign currencies as collateral for naira loans, aiming to safeguard the banking system against currency fluctuations.
New National ID Card: The Federal Government introduces an enhanced ID card with integrated payment functionalities in collaboration with NIMC, CBN, and NIBSS...
CBN is pegging the minimum capital base for commercial banks with international authorization at 500 billion naira ($353.32 million).
CBN uncovers $2.4 billion forex scam which is under investigation according to the Apex bank boss, Cardoso.
CBN raises interest rate to 24.75 Percent in effort to tackle rising inflation.
CBN begins forex sales to BDCs at the exchange rate of N1,269/$1, maintaining a 1.5% spread...
CBN clears all outstanding fx backlog as Nigeria's external reserves rises to $34.11 billion.
EFCC has revealed that CBN had awarded multi-million contracts to Emefiele's wife...
Presidency has revealed that many CBN fund transactions made under Emefiele were done without Buhari's signature.
Cardoso said about $2.4 billion out of the speculated $7 billion outstanding foreign exchange...
