Central Bank of Nigeria

Nigerian banks activate N50 stamp duty charge

Nigerian banks have served notice to customers that they have activated the Central Bank of Nigeria…

CBN raising N192.39 billion in treasury bills

Nigeria plans to raise 192.39 billion naira ($967 million) in treasury bills with maturities between…

CBN keeps benchmark rate unchanged at 11%

Nigeria's central bank has kept the benchmark interest rate at 11 percent, its governor Godwin…

CBN directs banks charge stamp duties on deposits, transfers

Nigeria's Central Bank has told commercial banks to start enforcing the country's stamp duties law…

Nigerian banks ease forex transfers

Nigerian commercial banks told customers on Sunday they would allow deposits of foreign currency to…

Naira hits N282 as CBN stops forex sale to Bureaux de change

*Banks can now take dollar deposits from customers, CBN says Nigeria's central bank governor said…

Nigeria’s forex reserves decline 16%

Nigeria's foreign exchange reserves declined by 15.61 percent year-on-year to $29.13 billion by Dec.

Savings from TSA hit N2 trillion, says CBN governor

Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefeile has disclosed that the cumulative…

Naira down to N274, daily spending on cards cut to $150

Nigeria's naira fell to a new range of between 274 to 280 in volatile dollar…

CBN gives out N64.7billion power intervention fund

The Central Bank of Nigeria (CBN) says it has so far disbursed N64.7 billion of…