Central Bank of Nigeria (CBN) Archives

Increase in lending rate by CBN will harm economy, MAN warns

Posted by Chuks Ofurum
|Date: July 30, 2022
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Increase in lending rate by CBN will harm economy, MAN warns

The Manufacturers Association of Nigeria (MAN) has warned that the recent increase in base lending rate b ...

The Manufacturers Association of Nigeria (MAN) has warned that the recent increase in base lending rate by the Monetary Policy Committee of the Central Bank of Nigeria (CBN) will trigger higher prices ...

July 30, 2022
| by Chuks Ofurum

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CBN reveals how it will halt Naira fall

Posted by Chuks Ofurum
|Date: July 30, 2022
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CBN reveals how it will halt Naira fall

The Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to speculative a ...

The Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to speculative activities of some players in the foreign exchange market in the face of rising demand for forei ...

July 30, 2022
| by Chuks Ofurum

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Emefiele must go! Nigerian students advocate sack of CBN Gov over ailing economy

Posted by 1st news
|Date: July 30, 2022
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Emefiele must go! Nigerian students advocate sack of CBN Gov over ailing economy

In response to the ongoing economic crisis in the nation, the leadership of the National Association of N ...

In response to the ongoing economic crisis in the nation, the leadership of the National Association of Nigerian Students (NANS) Southwest, has demanded the dismissal of both the Minister of Finance, ...

July 30, 2022
| by 1st news

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CBN blames NNPC for Naira’s free fall as economy spirals

Posted by 1st news
|Date: July 29, 2022
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CBN blames NNPC for Naira’s free fall as economy spirals

The Central Bank of Nigeria (CBN) says the Naira crises is not its fault. As a matter of fact, the CBN ha ...

The Central Bank of Nigeria (CBN) says the Naira crises is not its fault. As a matter of fact, the CBN has blamed the Nigerian National Petroleum Corporation (NNPC) for the development. The non-remitt ...

July 29, 2022
| by 1st news

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CBN reduces charges on electronic transactions

Posted by Gideon Ayogu
|Date: January 28, 2022
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CBN reduces charges on electronic transactions

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking trans ...

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions. This was disclosed in its revised guidelines to charges by Banks, Other Financial Inst ...

January 28, 2022
| by Gideon Ayogu

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eNaira app downloaded in over 160 countries

Posted by Gideon Ayogu
|Date: November 13, 2021
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eNaira app downloaded in over 160 countries

The Central Bank of Nigeria (CBN) has revealed that the eNaira wallet has recorded over 488,000 downloads ...

The Central Bank of Nigeria (CBN) has revealed that the eNaira wallet has recorded over 488,000 downloads from over 160 countries. This was disclosed in a statement released by the apex bank to the me ...

November 13, 2021
| by Gideon Ayogu

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eNaira enjoying massive interest, appetite – Emefiele

Posted by Gideon Ayogu
|Date: October 27, 2021
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eNaira enjoying massive interest, appetite – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that the newly launched eNai ...

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that the newly launched eNaira is enjoying massive interest and encouraging acceptance. The eNaira is Nigeria and Africa’s ...

October 27, 2021
| by Gideon Ayogu

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eNaira transactions to attract charges after first 90 days

Posted by Gideon Ayogu
|Date: October 26, 2021
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eNaira transactions to attract charges after first 90 days

All transactions conducted on the newly launched eNaira, Nigeria and Africa’s first digital currency, wil ...

All transactions conducted on the newly launched eNaira, Nigeria and Africa’s first digital currency, will be free for the first 90 days. This was disclosed by the Central Bank of Nigeria (CBN). In a ...

October 26, 2021
| by Gideon Ayogu

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eNaira, Nigeria’s digital currency, goes live today

Posted by Gideon Ayogu
|Date: October 25, 2021
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eNaira, Nigeria’s digital currency, goes live today

Nigeria’s digital currency – the eNaira – goes live today, Monday, October 25, 2021. The Central Bank Dig ...

Nigeria’s digital currency – the eNaira – goes live today, Monday, October 25, 2021. The Central Bank Digital Currency (CBDC) will be unveiled by President Muhammadu Buhari. Information from the Centr ...

October 25, 2021
| by Gideon Ayogu

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Aliyu: Power Minister pledges to ensure improved supply

Posted by 1st news
|Date: October 21, 2021
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Aliyu: Power Minister pledges to ensure improved supply

Minister of Power, Abubakar Aliyu, has stated that the Federal Government is working very hard to improve ...

Minister of Power, Abubakar Aliyu, has stated that the Federal Government is working very hard to improve the quality and quantity of electricity supplied to Nigerians. A statement by Odutayo Oluseyi, ...

October 21, 2021
| by 1st news

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