CBN
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Business
CBN dissolves cash pooling rule
The Central Bank of Nigeria (CBN) has said it has cancelled the cash pooling requirement for international oil companies (IOCs),…
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Business
CBN reduces interest rate to 26.5%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has slashed the monetary policy rate (MPR) from…
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Nigeria’s foreign exchange reserves up to $48.5bn , highest since 2013
The foreign exchange (FX) reserves of Nigeria rose to $48.5 billion on Tuesday, representing the highest in about 13 years.…
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Business
Nigeria’s foreign reserves increase by 7.28% to $45.24bn
The foreign reserves of Nigeria has risen to $45.24 billion on December 23, 2025, up from $42.17 billion, which was…
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News
Disengaged staff affected by mass layoff under Cardoso sue CBN, seek N30bn compensation
Former staff of the Central Bank of Nigeria (CBN), who were dismissed in a mass layoff last year, have sued the apex bank.…
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News
Resignation of 1,000 CBN staff was voluntary, claims Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said claimed that the 1,000 staff who left the organisation resigned voluntarily. Cardoso…
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News
Nigerians in diaspora’s remittances increase by 61% to $4.2bn in 10 months – Cardoso
The governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has revealed that diaspora remittances through International Money Transfer Operators (IMTOs) reached $4.22…
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News
CBN sets PoS daily withdrawal limit per customer
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit of N100,000 on Point-of-Sale (PoS) terminals per customer.…
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News
CBN to banks: Supply mint to hawkers, get N150m fine per branch
The Central Bank of Nigeria (CBN) has warned banks that facilitating illicit supply of mint naira notes will attract N150 million…
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Uncategorized
A’court sets aside judgement stopping allocation of funds to Rivers State
The Court of Appeal in Abuja has voided the judgment restraining the Central Bank of Nigeria (CBN) from disbursing financial allocations…
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