The Central Bank of Nigeria (CBN) has introduced two digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution—at an event held on Wednesday, …
CBN Launches DocFlow and MDAs Naira Payment Solutions Read More
In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available …
CBN Fines Nine Banks ₦150m Each For ATM Cash Scarcity Read More
The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate(MPR) by four hundred basis points to 22.75 percent from 18.75 percent. Governor of the …
CBN Increases Interest Rate To 22.75% Read More
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Bureau De Change (BDC) operations in the country should not be an all comers’ affairs, noting that the …
CBN Issues New BDC Guidelines, Says Operations Should Not Be All Comers’ Affairs Read More