CBN

The Central Bank of Nigeria (CBN) says it welcomed the Financial Action Task Force’s (FATF) formal announcement of Nigeria’s removal from the grey list—jurisdictions under increased monitoring—following a successful on-site evaluation of

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday announced a reduction to the Monetary Policy Rate (MPR) by 50 basis points, reducing it from 27.5 percent

The Central Bank Governor, Mr. Olayemi Cardoso, on Tuesday said his policies have yielded positive outcomes since his assumption of office two years ago. He also said the policies drive productivity, enhance

The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC),has resolved to maintain all key monetary policy parameters, including the Monetary Policy Rate (MPR) at 27.50 percent. Olayemi Cardoso, the Central Bank

The Central Bank of Nigeria (CBN) has clarified recent speculations on charges related to the newly launched Non-Resident Bank Verification Number (NRBVN) platform. The apex bank affirmed that no hidden fees have

The Central Bank of Nigeria (CBN) introduced time bound measures for a small number of banks still completing their transition from the temporary regulatory support provided, mostly in response to the economic

The Central Bank of Nigeria,has unveiled the Non-Resident Bank Verification Number platform, a significant initiative aimed at enhancing financial access for Nigerians in the diaspora. The platform,which was unveiled in collaboration with