The Central Bank of Nigeria (CBN) has released a public statement on the Keystone Bank takeover, and addressed concerns over ...
The Nigerian bank has informed its customers that it is ready to sell dollars and other foreign currencies if all ...
Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Central Bank of Nigeria, CBN, Wednesday, released new ...
The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking sector with its recent imposition of sanctions on nine Deposit Money ...
The Central Bank of Nigeria (CBN) has unveiled new regulations restricting Bureau de Change (BDC) operators to sourcing a maximum of $25,000 in foreign exchange per week from a single authorised ...
The Central Bank of Nigeria has unveiled two digital innovations—the Document Flow System and the Ministries, Departments, and Agencies Naira Payment Solution—at an event held on Wednesday ...
How Nigerian Central Bank Seeks To Revive eNaira As Digital Currency Hits N18.32billion Transactions
According to the CBN governor, Olayemi Cardoso, the review of the eNaira will identify and address key barriers to adoption, with a focus on fostering trust, usability, and widespread acceptance ...
Nigeria, Africa’s most populous country, introduced a central bank digital currency (CBDC), the eNaira, into its financial system in late 2021, an action that paved the way for different sets of ...
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