Tag: CBN
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Naira’s Strongest Start in a Decade Brings Hope and Caution
Similar to an early 2024 spike eventually halted by foreign speculators selling out, the naira began the year with its most significant advance in...
CBN OMO Auction: Stop Rates Drop as Subscriptions Hit N1.915 Trillion
On February 13, 2025, the Central Bank of Nigeria (CBN) held another Open Market Operation (OMO) auction, drawing many investors.
Subscriptions totaled N1.915 trillion, demonstrating...
Inflows through IMTOs jump by 63.7% in nine months amid CBN reforms
International money transfer operator (IMTO) inflows for the first nine months of 2024 increased by a noteworthy 63.7%, according to the Central Bank of...
CBN’s Weak Enforcement Driving Seasonal Cash Scarcity Across Nigeria- CHRICED
The Resource Centre for Human Rights & Civic Education (CHRICED) says the Central Bank of Nigeria, CBN’s lax and subtle sanctions on erring banks...
CBN, NCC Set Deadline for Banks, Telecoms to Settle USSD Debt
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have stepped in to resolve a long-standing dispute between mobile network operators...
