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Tag: Central Bank of Nigeria (CBN)

CBN, AGF Barred from Releasing Rivers States’ Monthly Allocation

A Federal High Court in Abuja has issued an order restraining the Central Bank of Nigeria (CBN) and the Accountant General of the Federation (AGF) from releasing monthly financial allocations to the Rivers State government. 

Cardoso: Financial Support For Women Entrepreneurs Is Top Priority

During the 30th Nigeria Economic Summit in Abuja, Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), stated that increasing financial inclusion for women is a top priority. 

CBN: Currency Outside Banks Outpace Nigeria’s Total Circulation By 93%

According to the Central Bank of Nigeria (CBN), the total amount of currency in circulation has reached N4.14 trillion, with N3.87 trillion outside the banking system. As a result,

CBN Appoints New Keystone Bank Board Directors

The Central Bank of Nigeria (CBN)  has appointed new board directors for Keystone Bank. This move was announced on Wednesday, as part of the apex bank’s strategy to ensure sustained growth for the financial institution.

CBN Sanctions Dollar Sales to BDCs at N1,580/$ to Strengthen Economic Stability

The Central Bank of Nigeria (CBN) has authorized the sale of dollars to Bureau de Change (BDC) operators at a rate of N1,580 per dollar in a bid to improve liquidity in the foreign exchange market.  

CBN To Issue N2.20trn Treasury Bills Issuance In Q4

The Central Bank of Nigeria (CBN) has just revealed its plan to issue N2.20 trillion in treasury bills during the fourth quarter (Q4) of 2024, matching the amount set to mature from September to November this year.