CBN

February 14, (THEWILL) – The Central Bank of Nigeria (CBN) has assured the public, including depositors and other stakeholders of Keystone Bank Limited, that the financial institution remained safe, sound, and fully operational. The assurance followed Tuesday's ruling of an...

February 14, (THEWILL) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has renewed calls for deeper backward integration in the telecommunications sector, emphasising the need to localise key supply chains while expanding financial services to...

February 11, (THEWILL) – The Central Bank of Nigeria has announced a review of transaction fees for Automated Teller Machine (ATM) withdrawals, with the new charges set to take effect from March 1, 2025. In a circular signed by John...

February 11, (THEWILL) – The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC) to February 18 and 19, 2025. THEWILL reports that the apex bank had planned the meeting for February 17...

February 04, (THEWILL) – The Central Bank of Nigeria has announced the extension of the sale period of foreign exchange to Bureau de Change operators until May 30, 2025. The development was disclosed in a circular issued on Monday, signed...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) has approved the waiver of 2025 licence renewal fee for bureau de change (BDC) operators in the country. A statement by CBN director of financial policy and regulation department,...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) has formally launched the Nigerian Foreign Exchange (FX) Code, a guide to a transparent foreign exchange policy market. CBN Governor, Olayemi Cardoso, joined by Managing Directors of Deposit Money Banks...

January 28, (THEWILL) – The Central Bank of Nigeria (CBN) says it will hold its 299th Monetary Policy Committee (MPC) meeting on Monday, February 17 and Tuesday, February 18, 2025. The apex bank disclosed this in a statement titled: "Notice...

January 22, (THEWILL) – The Central Bank of Nigeria has approved the release of the Nigerian Foreign Exchange Code. A statement by the apex bank, said the code which will formally be launched next week, will serve as a guideline...

January 21, (THEWILL) – A former presidential aspirant under the All Progressives Congress in the 2023 elections, Tunde Omosebi, has filed a fundamental rights enforcement suit against the Central Bank of Nigeria and six other defendants, demanding £990...