Tag: CBN

Wema Bank has temporarily suspended all communications on its official X (formerly Twitter) platform due to a sharp increase in ...

The Public Accounts Committee of the House of Representatives has recovered N521.77 million in unremitted Value Added Tax (VAT) from ...

The Nigerian naira weakened slightly against the US dollar in the official foreign exchange market on Thursday, dropping by N1.49 ...

The Central Bank of Nigeria (CBN) has significantly increased the amount of foreign exchange Nigerian students can remit for tuition ...

The Central Bank of Nigeria (CBN) has introduced major reforms to its foreign exchange regulations with the launch of the ...

The Central Bank of Nigeria (CBN) has announced plans to significantly reduce the amount of cash circulating outside the formal ...

Non-performing loans (NPLs) in Nigeria’s banking industry rose to 8.03% in January 2026, marking a noticeable deterioration in asset quality ...

The Central Bank of Nigeria (CBN) has eased one of its key regulations governing Point of Sale (PoS) operations by ...

The FMDQ Securities Exchange recorded a remarkable performance as total market turnover reached $180.85 billion, driven by a sharp increase ...

The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting that its ...