The Central Bank of Nigeria (CBN) is gearing up for its inaugural Monetary Policy Committee (MPC) meeting scheduled for February 26th and 27th, as outlined in the tentative MPC meeting calendar for 2024 signed by the Director of MPD. The…
Check out the full list of appointments as CBN announces new Leadership for Union, Keystone, and Polaris Banks. In a decisive move, the Central Bank of Nigeria (CBN) has greenlit the appointment of fresh leadership for Polaris, Union, and…
The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks: Union Bank, Keystone Bank, and Polaris Bank. In a press release dated January 10, 2024, the CBN highlighted that this action was taken…
The Central Bank of Nigeria (CBN) has introduced stringent guidelines governing cryptocurrency transactions, signaling a significant shift in its approach to virtual assets service providers. As outlined on the CBN’s website, these guidelines specifically address the operation of cryptocurrency accounts,…
Nigeria’s central bank limits cash withdrawals to 100k in order to reduce the use of cash. The Central Bank of Nigeria (CBN) has imposed new cash withdrawal limitations that take effect on January 9, 2023, for both individuals and organizations.…
Treasury bills in Nigeria are offered by the federal Government of Nigeria through the CBN (Central Bank of Nigeria). They are investments instruments that you as an individual or cooperation can invest in. Additionally, treasury bills are a way to…
