CBN - Central Bank Of Nigeria
Access, Zenith, other banks that moved to raise capital in 2024
Some banks operating in Nigeria have generated funds by going to the stock market after the announcement of the banking recapitalization exercise on March 29, 2024.
CBN releases new exchange rates for dollar, pound, euro as naira depreciates
The Central Bank of Nigeria has revealed that the value of the Nigerian currency has depreciated against the US dollar but improved against the pound and the euro.
Nigerian bank lists 7 ways to protect account from scam during holiday season
Nigerian banks have sent a warning notice and advice to its customers, exposing some of the tricks fraudsters use to steal from bank accounts for the festive season.
Year in review: Key decisions by CBN in 2024 and outlook for 2025
The Central Bank of Nigeria (CBN) implemented various policies in 2024 to stabilise the Nigerian currency and address the rising cost of goods and services.
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 - Central Bank Of Nigeria
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