Naira Records Historic Low At N1,482.57/$1 Despite Central Bank’s Efforts
The Nigerian Naira faced a remarkable descent, reaching a record low of N1,482.57 per dollar on the official market (NAFEM). ...
Monday, November 25, 2024
Tag: CBN
 CBN Clears $64.44m FX Backlog for Airlines Â
The Central Bank of Nigeria (CBN) has fulfilled its commitment by clearing a $64.44 million backlog of foreign exchange owed ...
Nigeria’s Money Supply Hits All-time High Of N78.74 trn In December 2023Â Â
Nigeria's broad money supply, measured by M3, reached an unprecedented high of N78.74 trillion in December 2023, marking a remarkable ...
CBN Appoints New Executives For Union, Keystone, Polaris Banks
The Central Bank of Nigeria (CBN) has appointed new executives for Keystone, Polaris and Union Banks following the ...
CBN: Working Towards A Healthy Economy
Some of the parameters that are used to define a healthy economy include the levels of imports and exports, exchange ...
CBN Records N264.04bn Recovery From Intervention Loans In H1 2023
The Central Bank of Nigeria (CBN) has announced a significant recovery of N264.04 billion from borrowers participating in its ...
CBN Reassures Depositors Amid Speculation on Bank Takeovers
The Central Bank of Nigeria (CBN) has assured Nigerian bank customers of the safety of their funds, dispelling ...
CBN Guidelines: Yellow Card Foresees Surge In Crypto UsageÂ
Yellow Card, a prominent crypto exchange in Nigeria, predicts a significant uptick in cryptocurrency usage across the country ...
CBN Raises Alarm Over Fake Naira Notes In Circulation
The Central Bank of Nigeria (CBN) has issued a stern warning concerning the increasing prevalence of counterfeit Naira notes, particularly ...
CBN Directs Banks to Issue, Accept Old and Redesigned Naira Notes
The Central Bank of Nigeria (CBN) directed all its branches to continue issuing and accepting all denominations of ...
