CBN - Central Bank Of Nigeria
Naira scarcity: House of Reps take action as CBN, banks set cash withdrawal limit
The House of Representatives has urged the CBN to address the ongoing cash shortage, severely affecting Nigerians' ability to access funds before the holiday season.
CBN speaks on companies’ expectations of Naira in 2025
Despite their confidence regarding the macroeconomic environment, Nigerian companies forecast more depreciation of the naira in the first three months of 2025.
Man returns N5 million mistakenly sent to his Fidelity Bank account, displays transaction receipt
A young Nigerian man has become a viral sensation for returning N5 million that was mistakenly sent to his account. He said he received numerous calls over it.
BDCs finally react as CBN allows members to buy $25,000 weekly from NAFEM
The CBN has received praise from the Association of Bureaux De Change Operators of Nigeria for authorizing the selling of interbank foreign exchange to its members.
Man who mistakenly sent N94k to wrong OPay account posts chat as receiver demands his share
A man has taken to social media to share his WhatsApp chat with a fellow who he sent N94k by mistake. The person demanded that they share the money.
CBN takes another step to crash dollar, permits BDCs to buy forex from NAFEM
The Central Bank of Nigeria has now permitted Bureau de Change (BDC) operators to buy foreign currencies from the Nigerian Foreign Exchange Market (NFEM).
Nigerians, business owners react to CBN’s limit on PoS Ttansactions
According to business owners, the Central Bank of Nigeria's (CBN) decision to impose cash withdrawal limits on Point-of-Sale (PoS) operators is bad for businesses/
Naira’s value rises against US dollar in official market, nears Tinubu's target for 2025
The value of the Nigerian currency has improved against the United States Dollar, British pound and the euro in the official and unofficial foreign exchange markets.
Economic Hardship: Nigerians rush to withdraw N9.2bn from their pension savings
RSA holders withdrew N23.4 billion over the period, according to the National Pension Commission's (PenCom) second quarter report recently released.
CBN - Central Bank Of Nigeria
Load more