Travellers Stranded As Dollar Shortage Hits Nigerian Banks
Nigerians are finding it increasingly difficult to access the United States dollar at the Central Bank of Nigeria’s official rate ...
Tag: Central Bank of Nigeria
BREAKING: CBN Raises Monetary Policy Rate To 14%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to ...
Nigerians Beat CBN Restrictions, Trade N78bn Bitcoin In Three Months
Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three months of the year despite the Central ...
Online Fund Transfers: CBN Orders Bank Customers To Produce Indemnity For Transfer Above N1m
“Accept indemnity from customers for highly secured online funds transfer above N1m for individual and N10m for corporate, subject to ...
N5, N10, N20 Currency Notes Would Soon Be Phased Out – CBN Reveals
The Central Bank of Nigeria (CBN) on Friday in Asaba, Delta State, said the lower denomination of the nation’s currency ...
