Nigerians Abroad to Gain Easier Access to Local Banking with New BVN Platform
The Nigerian Inter-Bank Settlement System (NIBSS) is set to launch a new non-resident BVN (Bank Verification Number) platform in December 2024. This ...
Tag: Dr. Olayemi Cardoso
CBN Raises Interest Rate to 26.75%
The Central Bank of Nigeria (CBN) Monetary Policy Committee has raised the interest rate by 50 basis points from 26.25% ...
CBN Directs Banks to Suspend Charges on Cash Deposits until September 30
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex ...
CBN Directs Banks to Charge 0.5% Cybersecurity Levy on Transactions
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. ...
CBN Raises Interest Rate to 22.75%
The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate to 22.75 per cent amid soaring inflation. The ...
Cardoso Calls for Moderation in Demand for Forex
The Central Bank of Nigeria, (CBN), Olayemi Cardoso has implored Nigerians to cut down on their demand for forex. “We ...
Nigeria’s Inflation Rate Will Reduce to 21% in 2024 – CBN Governor, Cardoso
Amid the rising prices of foodstuff and other commodities in the market, the Governor of the Central Bank of Nigeria ...
Foreign Investors Showing Renewed Interest in Nigerian Market – Cardoso
In a development signaling positive momentum for Nigeria’s economic landscape, the Governor of the Central Bank of Nigeria (CBN), Yemi ...
$2.4 Billion FX Backlog Not Valid – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that about $2.4 billion foreign exchange backlog ...
1,500 Redeployed CBN Staff To Resume Work at Lagos Office on Friday
Following their relocation from the Abuja headquarters, at least 1,500 Central Bank of Nigeria (CBN) employees will begin work at ...
