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The Central Bank of Nigeria has heeded Vice President Kashim Shettima’s request, made on behalf of pilgrims, to allow ...
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Daily Post Nigeria on MSNCBN warns banks against illicit funds in recapitalisation driveThe Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of ...
New banks in Nigeria must meet CBN's capital base immediately, while existing banks have two years. Learn about the impact on the $1 trillion economy goal.
The Central Bank of Nigeria (CBN) will soon begin sending secret shoppers to check if bureau de change (BDC) outlets are ...
One of the key goals of the Central Bank of Nigeria (CBN) is to maintain price stability, and this means keeping inflation ...
Nigeria’s currency in circulation dropped to N5 trillion in March 2025, according to the latest data from the Central Bank of ...
Analysts say the benchmark MPR rate, currently at 27.5%, may have made borrowing more expensive, thus affecting the private sector’s appetite for credit.
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