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The Nigeria Export Promotion Council (NEPC) says that Central Bank of Nigeria (CBN) has approved CFA Franc to be captured on Nigeria Export Proceed (NXP) forms...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) may have extended to February, the deadline for commencement of direct remittances of Federation Account proceeds...
By Tony Obiechina Abuja Central Bank of Nigeria has directed Bureau de Change (BDC) operators who paid for the 2025 licence renewal to apply for a...
The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. In a circular...
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal tender and cannot expire or be...
By Tony Obiechina Abuja Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary...
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) plans to introduce a new website effective today.This was confirmed in a statement on Sunday by...
The Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank...
By Tony Obiechina Abuja The Central Bank of Nigeria (CBN) has further raised the Monetary Policy Rate (MPR) to 27.50 per cent, a decision influenced by...
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