Central Bank of Nigeria (CBN)

Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira

Nigerian economic experts have said the country’s five-year-old… More…

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Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks

The persistent scarcity of foreign exchange may force the Nigerian… More…

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Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches

With just a few days left before old Nigerian naira banknotes are removed… More…

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New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs

According to a recently unveiled document, the Nigerian central … More…

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Report: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred … More…

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Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

The Nigerian security agency, the Department of State Services (DSS),… More…

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Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’

Barely a month after announcing the restricting of cash withdrawals… More…

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Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto

Nigeria is expected to designate cryptocurrency as capital for investment… More…

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Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

In a new directive to financial institutions, the Central Bank of … More…

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New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

The Central Bank of Nigeria governor, Godwin Emefiele, has said the… More…

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