CBN - Central Bank Of Nigeria
Currency dealers quote new rates as dollar crashes against the naira in all markets
The Nigerian naira has gained over N100 in 24 hours as the US dollar crashed again in the parallel and official markets on Wednesday, March 27, 2024.
Nigerians refuse to pay N261 billion COVID-19 loans owed to CBN
Some Nigerians who benefited from the CBN and NMfB targeted credit facility (TCF) have failed to pay N261.07 billion out of N419.42 billion given out.
Experts list 5 banks that would exceed CBN's new minimum capital base
Analysts and finance experts have supported the announcement by the CBN to establish a new capitalisation base for different types of Deposit Money Banks.
Naira crashes during intraday trading in official market as daily forex turnover jumps to $857m
The Nigerian currency, the naira, crashed slightly against the US dollar, recording an intraday high of N1,392 per dollar, closing at N1,309.35 per dollar.
CBN increases capital base for Zenith, Access, GTB, others, gives banks 24 months to comply
The minimum capital needed by banks to operate in Nigeria has been reviewed and increased, according to a statement signed by the Central Bank of Nigeria.
CBN governor speaks on regulating cryptocurrency in Nigeria as FG searches for Binance executive
Olayemi Cardoso, Governor of the Central Bank of Nigeria, has provided clarification on regulating cryptocurrency in Nigeria amid government clampdown on Binance.
"N1,000/$": BDCs Speak on dollar selling lower in black market than official market
Black market dealers have said there is no truth in the report that the naira has crashed below N1,300 in the black market, saying the reported crash is a hoax.
Access, Zenith, other banks set to make changes to savings accounts as CBN takes special action
Commercial banks in Nigeria are expected to respond to the recent MPR hike by the Central Bank of Nigeria (CBN) to raise interests rates on savings accounts.
4 simple steps to link your NIN, BVN to your bank account
Depending on your bank, there are different ways to link your NIN and BVN to your account. This article by Legit.ng will guide you on the simple steps to take.
CBN - Central Bank Of Nigeria
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