CBN

October 25, (THEWILL) - The Central Bank of Nigeria (CBN) has integrated 33 Banks into the eNaira platform with N500m successfully minted by the apex bank for the take off of the digital currency programme. The CBN Governor, Godwin Emefiele,...

October 17, (THEWILL) - The Central Bank of Nigeria (CBN) has issued a Revised Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-List for the Nigerian banking industry. It said the move is in line with its objective...

October 15, (THEWILL) - The Central Bank of Nigeria (CBN) has issued guidelines on the disposal of Non-Permissible Income (NPI) for Non-Interest Financial Institutions (NIFI). Non-permissible income ( NPI) is any income that accrues to non-interest finance institutions, such as interest...

The Central Bank of Nigeria (CBN) on Thursday said it is financing the Lagos State blue line rail project with N110 billion under its Real Sector Support Facility (RSSF) Differentiated Cash Reserve Requirement (DCRR) intervention fund. Already, the CBN has...

October 14, (THEWILL) - The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to report the Bank Verification Number (BVN) of a deceased customer to Nigeria Interbank Settlement System (NIBSS) within 24 hours of confirmation, warning...

October 08, (THEWILL) -The Central Bank of Nigeria (CBN) has called on Nigerians to embrace its digital currency, eNaira, saying operation of the currency is safe, easily accessible, digitised and could be accessed through banks and other payment service...

October 01, (THEWILL) - The Central Bank of Nigeria (CBN) has explained the reason for the postponement of the planned launch of the digital currency, eNaira. The launch, which was initially scheduled for October 1, has been deferred indefinitely. The apex bank’s...

September 21, (THEWILL) - The Central Bank of Nigeria (CBN) has faulted calls from certain quarters for the resignation of the CBN Governor, Godwin Emefiele, over issues relating to the exchange rate of the naira. Spokesman of the CBN,  Osita...

September 17, (THEWILL) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the country’s monetary policy rate (MPR) for another period. This was disclosed by the Governor of the CBN, Godwin Emefiele,...

September 11, (THEWILL) - The Central Bank of Nigeria (CBN) has denied rumours it plans to convert monies in the domiciliary accounts of bank customers to naira to check the shortage of US dollars in the country. In a press...