Tag: CBN
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CBN Rate Cut Triggers Mild Naira Dip as Reserves Hit 13 Year High
The naira weakened slightly to N1,359 against the dollar on Tuesday after the Central Bank of Nigeria concluded its 304th Monetary Policy Committee meeting...
CBN Slams Up to N10 Million Fine on Banks and Cheque Printers for Security Breaches
The Central Bank of Nigeria has introduced stricter penalties for banks and accredited cheque printers that breach the Nigeria Cheque Standard and the Cheque...
CBN Reopens Official FX Window to BDCs with 150000 Dollar Weekly Limit
The Central Bank of Nigeria has cleared licensed Bureau De Change operators to resume buying foreign exchange from the Nigerian Foreign Exchange Market, setting...
CBN Locks In S4 as Sole Platform for Treasury Auctions, Signals Next Phase
The Central Bank of Nigeria has confirmed that its Scripless Securities Settlement System, known as S4, is now fully deployed as the only channel...
Nigerian Fintechs Press CBN for Clearer Rules on Crypto Activities
Fintech operators are asking the Central Bank of Nigeria to clearly specify which cryptocurrency-related activities licensed institutions may undertake, citing regulatory uncertainty that continues...
