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CBN: No Plan To Convert Domiciliary Accounts Into Naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for dollar and...

How far can CBN sustain E-Naira?

By Adefolarin A. OlamilekanThe Central Bank Digital Currency (CBDC) digital e-naira comes on stream on October 1, 2021. With the benefit of hindsight the...

Forex Policy: CBN Directs Banks To Publish Names, BVN Of Defaulters

The Central Bank of Nigeria (CBN) has directed all banks in the country to publish the names and Bank Verification Number (BVN) of defaulters...

CBN Names Bitt Partner For E-Naira Rollout

The Central Bank of Nigeria (CBN), has announced the formal engagement of the global finance technology firm, Bitt Inc., as the technical partner for...

Perspectives on Banks Borrowing From CBN

By Adefolarin A. OlamilekanThere is clearly beyond doubt consent on Nigerian banks healthiness going by the recent media report of over N489billion borrowed by...

NYSC Suggest How to Lift 100m Nigerians out of Poverty with Trust Fund

The National Youth Service Corps (NYSC) justified its proposal to set up a trust fund for all corps members nationwide, arguing that the fund,...

CBN releases framework to strengthen cyber security resilience in OFIs

The Central Bank of Nigeria (CBN) on Tuesday released a framework to protect Other Financial Institutions (OFIs) against cyber attacks.This was contained in a...

CBN releases guidelines for regulation, supervision of CGCs in Nigeria

The Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria.The guidelines are contained...

FG Begins Implementation of CBN’s N250bn Gas Expansion Fund

The federal government has commenced the implementation of the Central Bank of Nigeria’s (CBN) N250 billion intervention fund for the National Gas Expansion Programme...

Indulgent CBN Forex Sales Cessation To BDCs

By Adefolarin A. OlamilekanIn line with its core mandate as enshrined in the CBN act (2007), the maintenance of monetary and price stability has...

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