Stories Tagged: CBN

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Is the Naira's Recent Recovery Sustainable Against the Dollar?

The Nigerian naira experienced a brief recovery against the US dollar, closing at N1,666.72 per... (87 revisions)

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CBN Approves Merger of Providus Bank and Unity Bank in Nigeria

In a recent development, the Central Bank of Nigeria (CBN) has given its approval for the merger... (2 revisions)

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CBN Supports Banks to Launch Stablecoin - cNGN: A Transformative Step for Nigeria's Financial Sector

In a transformative step for Nigeria's financial sector, the Central Bank of Nigeria (CBN) has... (2 revisions)

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Martin Lewis Advises on Getting Free Cash from Santander, Nationwide, and TSB by Switching Bank Accounts

Access Bank, one of Nigeria's leading banks, has informed its customers of a new interest rate... (7 revisions)

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CBN Plans to Relocate Offices from Abuja to Lagos for Operational Efficiency

The Central Bank of Nigeria (CBN) has announced plans to relocate several offices and... (10 revisions)

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CBN Raises Interest Rates Amid Global Cuts: What It Means for Nigeria

In a surprising move, the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by... (17 revisions)

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Nigeria Targets $12 Billion in Diaspora Remittances Within a Year

Nigeria's Central Bank Governor, Olayemi Cardoso, announced on October 26, 2024, that the... (34 revisions)