Tags: #cbn

The Central Bank of Nigeria (CBN) will soon introduce digital currency in the country. According to CBN, it is planning to introduce digital currency before the end of 2021. Rakiya Mohammed, Director,...

A new official exchange rate has been confirmed by the Central Bank of Nigeria. The official exchange rate has been pegged at N410.25/$1 by the Central Bank of Nigeria. This exchange rate...

Multiple award-winning singers, Yemi Alade has taken to social media to vent out her anger at the Central Bank of Nigeria CBN over their regulations on Dollars. Yemi Alade in a...

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the country’s rising inflation was due to insecurity. He made the remark on Tuesday while presenting the communique...

The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. The apex bank has announced that from Tuesday, customers will pay...

Human rights, Femi Falana (SAN) has appealed to the Central Bank of Nigeria (CBN) to desist from jumping into the political terrain and mind its sole business of banking. He also stated he lacked the...

Human rights lawyer, Femi Falana SAN, has called on the Central Bank of Nigeria to stop freezing the bank accounts of protesters and activists in Nigeria. Falana made this known in a statement...

The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. In a statement on Sunday, Osita Nwanisobi, Acting...

The Central Bank of Nigeria (CBN) has directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems.  The apex bank gave the directive in a...

President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) not to give any money for food importation. The Nigerian leader promised that his administration will keep a keen eye...

A former military Head of State, Yakubu Gowon, has dismissed the claim by a Member of the British Parliament that he looted half of the Central Bank of Nigeria (CBN)...

The Central Bank of Nigeria has dispelled reports that its website was hacked on Friday. The apex bank in a statement by its Ag Director, Corporate Affairs, Osita Nwanisobi, said its...

The Central Bank of Nigeria (CBN) has alerted Nigerians on fraudulent loan offers and investment schemes. It cited information and videos circulating on social media. The messages had asked loan seekers and...

Nigerians have expressed dissatisfaction over new foreign exchange restrictions imposed on bank customers by the Central Bank of Nigeria (CBN). Legit.ng gathered that majority of bank customers with domiciliary accounts are...

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent. At the end of its September...

President Muhmmadu Buhari has directed the Central Bank of Nigeria (CBN), not to provide Forex for importers of food items and fertilizer. CBN Governor Godwin Emiefile, speaking at National Food Security...

President Buhari has advised the Central Bank of Nigeria (CBN) to stop implementing forex for the importation of food items or fertilizer. Speaking on Thursday at a meeting of the National...

Many Nigerians have called out the first family for violating part of the Central Bank of Nigeria (CBN) Act at the wedding ceremony of Hanan Buhari, one of the daughters...

The Central Bank of Nigeria has prohibited parent companies or any other related entities of a Payment Service Banks from offering any preferential treatment, which negates fair competition, to its...

The Central Bank of Nigeria (CBN) has said that N50 billion has been earmarked to support families and businesses affected by the impact of the novel coronavirus in the country. Speaking...